Singapore urges suppliers to ‘honor commitments’, as Indonesia slashes gas exports to the country by 9%
Source: Fortune ·
On Oct. 23, Indonesia decided to slash pipeline gas exports to Singapore by 9%, blaming domestic shortages.
From the source
Natural gas is becoming a diplomatic flashpoint across the Strait of Malacca, adding to a host of new tensions between Indonesia and Singapore. On Oct. 23, Indonesia decided to slash pipeline gas exports to Singapore by 9%, blaming domestic shortages. On Sunday, Singapore’s prime minister responded, arguing that “gas supplies are covered by commercial contracts, [and] we expect all parties to honor their commitments.” “Singapore’s gas importer will take the necessary steps to protect its rights and interests,” Prime Minister Lawrence Wong said during a party conference yesterday (Oct. 25). Indonesia’s decision to cut exports comes amid mounting domestic discontent, as students took to the streets last week students took to the streets last Tuesday in cities like Jakarta, Bandung and Yogyakarta over high living costs, government corruption and forest fires which have blanketed the country in a toxic haze. Indonesia is also battling a domestic fuel crisis: In the past month, motorists…