History of Oil & Gas Investments in Singapore
Oil trading activities started in Singapore in 1891. Since then, oil and gas has been become embedded into Singapore's economic DNA. Singapore's chemical industry has seen explosive growth over the decades.
Singapore's oil and gas sector contributed almost 5% of Singapore’s gross domestic product in 2007. We are the premier trading hub for oil and gas.
Oil & Gas Investments in Singapore
In moving the energy industry up the next level, Singapore seeks to increase its refining capacity from the current 1.3 million barrels per day.
Oil & Gas Investments in Singapore
Within the energy sector, Singapore is an R&D base for alternative fuels and the next generation of biofuels.
Singapore is the leading bulk liquids logistics hub in Asia.
It is also the world’s busiest marine bunkering centre.
To address climate change concerns, Singapore is raising the bar in energy efficiency and accelerating the development of new, sustainable feedstock and technologies for the industry.
Explore more opportunities in oil and gas investments in Singapore.
Editor
Investments Singapore
Investments Singapore