Singapore: After four years at the helm of Singapore LNG Corporation (SLNG), Neil McGregor has decided to step down as its ceo and pass on the reins to his successor by the end of the year.
McGregor has been responsible for setting up Singapore’s first LNG import/export terminal – bringing the S$1.7bn mega-infrastructure project from inception to commercial operations on 7 May 2013.
John Ng, a 30-year veteran from the energy sector, will be joining SLNG as ceo-designate from 1 December 2013.
Ng hails from the YTL PowerSeraya Group where he recently stepped down as ceo.
The Singapore LNG Terminal began operations in May with two LNG storage tanks and an initial regasification capacity of 3.5 million tonnes per annum (mtpa). This will increase to 6mtpa when a third storage tank and additional regasification facilities come online by the end of this year. The next phase of expansion of the terminal, to bring its throughput capacity to 9mtpa, has been initiated. [21/10/13]