s 68A Meaning of “severe gas shortage situation”
68A. A severe gas shortage situation is a situation in which —(a) there is a shortage of natural gas imported into Singapore resulting in any gas importer providing less of such gas to any of its customers than is required under its arrangement with that customer (without taking into consideration any such gas to be provided on a reasonable endeavours basis under that arrangement); and (b) given the extent, and the likely period or the uncertainty of the period, of the shortage, the shortage will or is likely to —(i) threaten the security or stability of the supply of gas or electricity in Singapore; or (ii) result in a severe loss of output from any industry sector that uses natural gas as feedstock or fuel stock.[43/2018]