Indonesia cuts gas exports to Singapore as it shifts supply at home
What's new: Singapore said the reduction equals less than 2% of daily demand over 18 days and can be replaced from other sources.
Indonesia started cutting natural gas exports to Singapore on Oct. 24 as President Prabowo Subianto's government moved to prioritize domestic energy needs. Indonesian media, citing upstream regulator SKK Migas chief Djoko Siswanto, said the reduction totals 31 billion British thermal units per day from Natuna and Sumatra pipelines. Singapore's Energy Market Authority later said the actual reduction reported by importers was 17 BBTUD for 18 days, or less than 2% of the country's daily gas demand. Singapore said it has enough supply and contingency plans, including imports of liquefied natural gas and pipeline gas from other sources. The move followed remarks by Energy Minister Bahlil Lahadalia that Jakarta may review gas exports as it focuses on energy security.