plans to invest S$750 million to turn its three oil-based power plants to use natural gas. (US$1 = S$1.50). The upgrades will take place over a three-year period through 2011. Lion Power will procure the gas from the new LNG terminal which is currently being built on the country’s petrochemicals hub on Jurong Island. Longer-term,…
SINGAPORE: Lion Power to upgrade power plants, eyes role in LNG trade
Posted on November 2, 2008 by EnergyAsia