New CEO to take helm at Singapore LNG

Leong Wei Hung has been appointed as the chief executive officer of Singapore LNG, the operator of the country’s first LNG import terminal on Jurong Island.

With effect from April 7, 2024, he will succeed current CEO Tan Soo Koong, who is retiring after five years with SLNG.

To allow for a period of transition, Leong will assume the role of CEO (designate) of SLNG, from February 1, SLNG said in a statement.

He has been a non-executive director of SLNG’s board since May 2022.

Prior to this, Leong had a career spanning more than 28 years with LNG giant Shell, where he served in various roles across several portfolios in refining, chemicals, trading and supply, based in Singapore and the United Kingdom.

He was also a board member of Shell Eastern Petroleum and Shell Eastern Trading, and served as advisor to several other companies.

New CEO to take helm at Singapore LNG
Leong Wei Hung (Image: Singapore LNG)

“We have been keeping a look-out for a possible new CEO as part of a planned succession process. We are fortunate that Wei Hung has agreed to take on the role and continue the good work that has been achieved so far,” SLNG chairman Tang Kin Fei said.

“He is a well-regarded veteran of the industry, is passionate about SLNG and is eager to take the company to new heights. SLNG is in good hands,” he said.

Two LNG terminals

Singapore’s first LNG terminal on Jurong Island began commercial operations in May 2013.

It currently operates with two jetties, three storage tanks of 180,000 cbm each, a fourth storage tank of 260,000 cbm, and a peak sendout capacity of around 11 mtpa.

As of end September 2023, the LNG terminal has received about 430 LNG cargoes for its throughput service, or some 26.58 million tonnes, according to Singapore LNG.

In October last year, SLNG also secured approval from the Singapore government to develop and operate the country’s second LNG import facility.

SLNG previously said it is studying a floating storage and regasification unit (FSRU) concept for the second terminal.

The firm is aiming to have the second terminal operational by the end of this decade.

Most Popular

NextDecade takes FID on fourth Rio Grande LNG train

US LNG firm NextDecade has made a final investment decision on the fourth train at its Rio Grande LNG facility in Texas.

Shell pens US LNG supply deal with Edison

UK-based LNG giant Shell has signed a long-term deal to supply US LNG to Italian energy firm Edison, a unit of EDF.

YPF CEO expects FIDs on FLNG projects with Eni, Shell in 2026

YPF CEO Horacio Marin confirmed on Wednesday that the state-owned oil and gas company and its partners Eni and Shell expect to take final investment decisions on two stages of the Argentina LNG project in 2026.

More News Like This

Singapore LNG kicks off work on new truck loading facility

Singapore LNG, the state-owned operator of the country’s first LNG import terminal on Jurong Island, has kicked off construction on a new truck loading facility to meet growing demand for trucked LNG in Singapore.

GTT clinches tank gig for MOL’s FSRU

According to a GTT statement, the firm won the order from a Korean shipyard and the unit will be...

Singapore LNG confirms MOL FSRU charter deal

Singapore LNG said on Wednesday the FSRU will be berthed at Jurong Port and will have a regasification capacity...

Hanwha Ocean to build FSRU for $413 million

Hanwha Ocean revealed the order on Wednesday, saying it would build the unit for an unidentified Asian owner. The delivery...