Classification society DNV GL said it is establishing an LNG and Gas Consulting unit in Singapore.
The unit will support the extensive development plans for a safe, secure and reliable gas and LNG infrastructure in Asia, according to a statement by DNV GL .
It is estimated that USD 460 billion will need to be invested in South East Asia’s gas and LNG infrastructure by 2035 to meet energy demand.
“This will secure robust growth in LNG supply. The Pacific Basin has some of the largest exporters of LNG, but also some of the oldest plants – many more than 20 years old,” said Arve Johan Kalleklev, DNV GL’s newly appointed regional manager for Oil & Gas in South East Asia.
“By establishing the LNG and Gas Consulting unit, DNV GL is demonstrating its continued commitment to Singapore’s ambition of becoming Asia’s natural gas hub,” he added.