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I like to assure the Member that we have the capacity to deal with any short-term disruption in the supply of natural gas. Our power generation companies are required to stockpile at least 90 days of fuel reserves. If our natural gas supply is disrupted, our gas turbines can continue to operate by switching to diesel. The generation companies can also burn fuel oil to generate electricity using their steam plants.
Over the medium to long term, our energy security will depend on our ability to diversify our energy sources. As a first step, we will import liquefied natural gas (LNG) to supplement our piped natural gas. We are building our first LNG terminal which is targeted to be operational in 2012, and we have appointed BG Asia Pacific as Singapore’s LNG aggregator to import LNG from various parts of the world. With the advancement of new technologies, we are also not writing off other energy options in order to further diversify our energy sources.