The business track record of City Gas spans more than a century, dating back to 1862. The business was originally set up as the “Singapore Gas Company”, before becoming a unit of the Public Utilities Board in 1963. The business was subsequently transferred to a subsidiary of Singapore Power Limited, and after which, divested to City Gas.
City Gas’ strong business track record is supported by a number of its business strengths.
City Gas is currently the sole producer and retailer of town gas in Singapore and also the sole user of the low-pressure piped town gas network in Singapore. It owns the only town gas production facility in Singapore, Senoko Gasworks, with a capacity of 1.6 million m
3 per day.
City Gas has a large and diverse customer base which includes more than 600,000 customers in the residential, commercial and industrial segments. Within the residential segment of approximately 1.1 million households, about 770,000 households have piped access to town gas. Of this segment, more than 75% of households are users of town gas. City Gas also supplies to approximately 90% of all new public housing or Housing Development Board apartments and substantially all of the new large condominium developments in Singapore.
City Gas is a leading gas retailer in Singapore, with a reputation for reliability and safety. It has grown from a town gas retailer to a retailer of both town gas and natural gas. Since the production commenced at the Senoko Gasworks for over eleven years, there has not been any disruption in town gas production.
City Gas also markets gas appliances and offers comprehensive after-sales customer service.
The company aims to continue to provide safe, reliable and clean energy solutions to its customers so as to build on its brand and customer loyalty. It also seeks growth by expanding into complementary businesses such as retailing of natural gas, and offering multiple gas applications to its broad customer base in the residential, commercial and industrial segments.
By maintaining its operational efficiency as a gas producer and competitiveness as a gas retailer, City Gas aims to contribute positively to the performance of CitySpring Infrastructure Trust.
Visit CityGas website at
http://www.citygas.com.sg/