Temasek vies against Exxon to build biggest LNG terminal

Capacity is as much as 9m metric tonnes.

According to Bloomberg, a Temasek Holdings Pte unit is up against Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) in a contest to fill storage tanks that will hold three times as much liquefied natural gas as Singapore will consume this year.

"The city-state’s Energy Market Authority is seeking feedback through the end of July for stocking an LNG terminal with capacity of as much as 9 million metric tons," Bloomberg said.

View the full report here.

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