BEAMSTART Logo

Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong

Channel News Asia LogoChannel News Asia4 mo ago

Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong - Channel News Asia

Quick Summary:

Last week, it was announced that electricity tariffs in Singapore would dip during the October to December period after six consecutive quarters of increase.Pressed for time?

Global energy markets have been impacted by Russia’s invasion of Ukraine, and as winter approaches with Russian gas supplies restricted for "unfriendly" countries, a scramble is under way in Europe to secure more LNG.

In the question, Member of Parliament Louis Chua (WP-Sengkang) had asked Mr Gan about the proportions of PNG and LNG used by Singapore to generate its electricity, and about the year-to-date price changes for these commodities.


More Pictures

Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong - Channel News Asia (Picture 1)Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong - Channel News Asia (Picture 2)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 23:20:43 (4 months ago)

News Timezone: GMT +8:00

Ranking: #2595 (out of 3240 stories this day)

News Source URL: channelnewsasia.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 744236

View Article Analysis

About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 33 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 7 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong" has 577 words across 1 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Prices of natural gas provided under long-term contracts have risen by up to 50%: Gan Kim Yong" was covered 4 months ago by Channel News Asia, a news publisher based in Singapore.

How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 33 news stories per day.

It's most recent story was published 7 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #744236
  • URL: https://beamstart.com/news/prices-of-natural-gas-provided-16649897815214

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.