2014-09-04 17:50:00
SINGAPORE: FIRST UNDERGROUND 1.47 MLN M3
Singapore has launched the first phase of an underground oil storage terminal comprising five caverns with the capacity to hold a total of 1.47 million cubic metres of crude and condensate, and nine km of tunnels.
State industrial landlord JTC Corp invested a total of S$1.7 billion to develop Southeast Asia's first underground oil terminal including $950 million for the caverns located 150m below Jurong Island's energy and chemicals hub. (US$1=S$1.25). Located 130m under the seabed, two of the operating caverns have been leased to Jurong Aromatics Corporation to store condensate while the other three are due to start up in 2016.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2020, October, 30, 13:24:00
6TH ANNUAL POWER WEEK ASIA IS GOING DIGITAL
POWER WEEK ASIA attracts the industry leaders from national power companies, government regulators, policy makers, renewable & IPPs, investors and suppliers from around the globe.
2020, October, 30, 13:23:00
JOIN THE 3RD ANNUAL POWER WEEK AFRICA VIRTUAL CONFERENCE
Specially designed for the African electric power & energy industry, POWER WEEK AFRICA (16 – 19 November 2020) is the 3rd annual international virtual conference delivering a unique experience for each day of the event.
2020, October, 30, 13:20:00
EQUINOR NET LOSS $2 BLN
IFRS net income was negative USD 2.12 billion in the third quarter, down from negative USD 1.11 billion in the third quarter of 2019.
2020, October, 30, 13:15:00
EXXON REDUCTION 1,900 PEOPLE
The company anticipates approximately 1,900 employees will be affected through voluntary and involuntary programs.
2020, October, 29, 17:15:00
OIL PRICE: NOT ABOVE $37
Brent were down $1.96, or 5%, at $37.16, WTI fell $1.94, or 5.2%, to $35.45.
2020, October, 29, 17:10:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 492.4 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,
2020, October, 29, 17:05:00
U.S. GDP UP 33%
U.S. Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020