Daily Market Updates: Singapore tells suppliers to ‘honour commitments’ amid Indonesia’s gas cut

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Singapore tells suppliers to ‘honour commitments’ amid Indonesia’s gas cut

Reported · Written up by our desk · North America

Singapore expects all parties who have signed commercial contracts for gas supplies to “honour their commitments”, said Prime Minister Lawrence Wong on Sunday after Indonesia cut its exports. Speaking at the People’s Action Party (PAP) convention, Wong added that Singapore’s gas importer will take the necessary steps to protect its rights and interests. Indonesia began reducing natural gas exports to Singapore on Saturday. Indonesia’s upstream oil and gas regulator SKK Migas said the move was to...

Latest closeNat gas $3.047 ▲9.0%

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SCMP EconomySingapore tells suppliers to ‘honour commitments’ amid Indonesia’s gas cut

Global Markets

Singapore tells suppliers to ‘honour commitments’ amid Indonesia’s gas cut

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