[SLNG Press releases/ October 24, 2025] Singapore LNG Corporation Pte Ltd (SLNG) participated in a steel cutting ceremony held today at Hanwha Ocean Shipyard in Geoje, South Korea, to mark the start of construction of the Floating Storage and Regasification Unit (FSRU) for Singapore’s Second Liquefied Natural Gas (LNG) Terminal.

The ceremony marks a significant project milestone, as it initiates the development of a strategic infrastructure asset to strengthen Singapore’s energy security and support the nation’s increasing energy needs.

The ceremony was attended by prominent representatives from SLNG, Energy Market Authority, MOL(the owner and operator of the FSRU), and Hanwha Ocean(building the FSRU)

The FSRU will have a storage capacity of 204,000m3 and a regasification capacity of 5 Million Tonnes Per Annum (MTPA). This regasification capacity is sufficient to power roughly 6 million 4-room HDB flats for an entire year. When completed, the FSRU will measure some 299m in length, which is about the length of three football fields, while spanning 51m in width and rising 55m in height. It will have living quarters that can accommodate up to 45 ship crew personnel, and include facilities for meeting, medical and recreational use.

The FSRU is on track to enter into service by the end of the decade.