Jakarta, ThedailyID — Singapore’s Energy Minister Tan See Leng has urged residents to remain calm after Indonesia began reducing natural gas exports to the country on October 24, 2026. He said the move should have limited short-term effects on Singapore’s electricity prices.
Tan said the reduction accounts for less than 2% of Singapore’s daily gas demand. He added that the country still has sufficient energy supplies to meet current needs.
“In the short term, prices will not be significantly affected,” Tan said after a People’s Action Party (PAP) conference on Sunday, October 25, as quoted by Channel NewsAsia (CNA).
He noted that global market movements remain a key factor because the unit prices of much of Singapore’s gas supply are linked to major international indices.
Tan said the government has prepared several measures to protect energy security. He described energy as essential to the country’s economy, sustainability and continued operation.
Singapore prepares backup energy supplies
Indonesia began reducing natural gas exports to Singapore on Saturday, October 24, to redirect more supplies toward domestic electricity needs.
A spokesperson for Singapore’s Energy Market Authority (EMA) said the reduction amounts to 31 million standard cubic feet of gas per day. The cut is equivalent to 17 British thermal units (BTU) per day over an 18-day period, according to the report.
In response, Singapore is relying on several safeguards to maintain a stable energy supply. These include diversifying natural gas sources and maintaining liquefied natural gas (LNG) facilities as backup supplies.
Singapore GasCo can also import additional LNG if necessary. Meanwhile, power generation companies must maintain sufficient diesel reserves to prepare for larger disruptions to gas supplies.
Tan said Singapore had faced similar supply reductions before without significant incidents. He urged residents to continue their daily activities as usual while the government monitors energy security.
“I would like to urge all Singaporeans to remain calm and carry on with their daily activities as usual,” Tan said. He added that the government would continue to safeguard the reliability and resilience of Singapore’s energy supply.
Singapore explores alternative energy sources
Beyond natural gas, Singapore is exploring other sources to meet its electricity needs. These include biomethane, geothermal energy and solar power.
The government is also studying the potential use of nuclear energy. However, Tan said Singapore has not made a decision on that option.
Singapore’s response reflects its efforts to diversify energy supplies and reduce vulnerability to disruptions. For now, the government expects the latest reduction in Indonesian gas exports to have a limited short-term impact on electricity prices.
