Our Energy Story

Overview

Learn how the Singapore Energy Story charts the path to a net-zero future.

Energy Supply

Gain insights into the Four Switches powering Singapore towards a cleaner energy future.

Energy Demand

Discover ways to enhance energy efficiency and lower your carbon footprint.

Energy Grid

Explore how EMA ensures a reliable and secure energy supply for everyone.

Energy Market Landscape

Learn about the intricacies of Singapore’s energy market structure and operations.

Regulations & Licences

Regulations

Stay up-to-date with the latest regulations, policies and frameworks governing the energy sector.

Licences

Learn about the licences that EMA issues to different stakeholders in the energy sector.

Regulatory Publications

Read about the Codes of Practice and Circulars that EMA publishes to regulate the energy sector.

Partnerships

Calls for Proposal

Collaborate with EMA in co-creating innovative solutions for the energy sector.

Consultations

Give your comments and feedback on EMA’s policies and regulations.

R&D Engagements

Discover how EMA works with stakeholders to catalyse new and innovative digital technologies.

Talent Development

Learn about EMA’s efforts in nurturing talent and cultivate interest in the energy sector.

eSERVICES

Get quick access to EMA’s services for application of worker licences, scholarships and more.

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Chapter 1: Energy Supply

Imports & Exports of Energy Products

In 2024, Singapore imported 149 Mtoe of energy products, 2.9% higher than the preceding year. The major share of Singapore’s energy imports continued to be in the form of petroleum products (59.0%).

Natural gas imports totalled 11 Mtoe in 2024, with liquefied natural gas comprising 6 Mtoe. The amount of natural gas imports increased by 3.2% in 2024. While the amount of pipeline natural gas imported decreased by 7.0%, the amount of liquefied natural gas increased by 13.0%.

Energy products exports rose by 2.5%, from 76 Mtoe in 2023 to 78 Mtoe in 2024. This increase was due mainly to higher exports of petroleum products (77 Mtoe) in 2024.

Imports & Exports of Energy Products

Stock Change

In 2023, there was a net stock draw of 887 ktoe of total energy products. The increase in stock comprised a stock draw of crude oil & natural gas liquids (260 ktoe) and petroleum products (679 ktoe), and stock build of natural gas (52 ktoe).

Note: Stock change is the difference between the opening and closing stock levels at a national level on the first and last day of the calendar year, respectively. A net increase in stock change refers to a stock draw as it is an addition to supply. A net decrease in stock change denotes a stock build as supply is withdrawn into inventory. This definition of stock change is in accordance with the International Energy Agency (IEA)'s definition.

Stock Change (as at end period)


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Data in this annual publication is accurate as of Sep 2025.

For enhanced visibility of the variables in the charts, you may filter them through the charts' legend.