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Our Energy Story

Overview

Discover how the Singapore Energy Story sets the vision towards a net-zero energy future.

Energy Supply

Gain insights into the four switches that power Singapore’s economy and our daily lives.

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.

Consumer Information

Electricity

Get tips on buying electricity and protecting your family from electrical hazards.

Gas

Learn about purchasing gas and safeguarding your family against gas hazards.

Solar

Access information on installing solar panels at your home and selling excess electricity to the national grid.

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.

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Chapter 1: Energy Supply

Imports & Exports of Energy Products

In 2023, Singapore imported 145 Mtoe of energy products, 0.1% higher than the preceding year. The major share of Singapore’s energy imports continued to be in the form of petroleum products (59%).

Natural gas imports totalled 11 Mtoe in 2023, with the bulk comprising piped natural gas (5 Mtoe). The amount of natural gas imports increased by 4% in 2023. While the amount of pipeline natural gas imported decreased by 20%, the amount of liquefied natural gas increased by 40%.

Energy products exports rose by 5%, from 73 Mtoe in 2022 to 76 Mtoe in 2023. This increase was due mainly to higher exports of petroleum products (75 Mtoe) in 2023.

Imports & Exports of Energy Products

Stock Change

In 2022, there was a net stock build of 891 ktoe of total energy products. The increase in stock comprised of crude oil & natural gas liquids (334 ktoe), petroleum products (543 ktoe) and natural gas (14 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 2024.

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