Liang Eng Hwa on Energy Transition Measures and Other Amendments Bill

Parliament News

Liang Eng Hwa on Energy Transition Measures and Other Amendments Bill
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Centralising gas procurement for Singapore’s power sector is one of the key provisions of a Bill put up for debate in Parliament on Monday (Sep 9). This involves setting up a centralised procurement company, Gasco.

Centralising gas procurement for Singapore’s power sector is one of the key provisions of a Bill put up for debate in Parliament on Monday . This involves setting up a centralised procurement company, Gasco. The scale it offers as sole procurer would allow negotiation for more favourable terms, better achieve supply-source diversification and ensure the overall needs of the country are met.

Centralising gas procurement for Singapore’s power sector is one of the key provisions of a Bill put up for debate in Parliament on Monday . This involves setting up a centralised procurement company, Gasco. The scale it offers as sole procurer would allow negotiation for more favourable terms, better achieve supply-source diversification and ensure the overall needs of the country are met.

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