Russian gas giant OAO Gazprom (GAZP.RS) may become the exclusive supplier of liquefied natural gas to Singapore once the country's current deal expires with Centrica PLC's (CNA.LN) British Gas, RIA Novosti reports Monday, citing the head of resources company Keppel Corp. (BN4.SG).
"In the future, Gazprom will become a supplier of energy carriers to Singapore, and we will try to provide it exclusive rights [to supply energy carriers to the country] when [our] cooperation with British Gas ends," Choo Chiau Beng said at a meeting with Russian President Dmitry Medvedev in Singapore.
Medvedev said Russia is ready to start supplying Singapore with energy.
"We possess [sufficient] volumes of liquefied natural gas, and we are ready to discuss with [our] colleagues possibilities to supply gas both for Singapore and for the whole region," he said, adding marketing and trading operations were expected to start in Singapore in 2010.