I esimate local oil consumption is only 200,000 bpd(barrels per day).This is
a fraction of 700,000 to 800,000 bpd usually adpoted. www.cia.gov est at 800,000 bpd.
Does Singapore consume more energy than other developed countries?
SG has been always accused of wasting energy.But they overlooked
SG is the no.1 bunkering sales port(ship fuel) and much of
oil import is for refined to other oil products and for export!!
80% of local electricity is generated by natural gas which
produce less polluated particles.2.According to links above,the oil consumptions of similiar developed
countries are:
Country......bpd/million population
Australia.....40,000
Taiwan........43,000
HongKong....40,000
Assume Singapore is 45,000 bpd/million populations,
SG consume 200,000 barrels per day.read also
BENCHMARKING SINGAPOREÂ’S ENERGY INTENSITYpdf file--app.mti.gov.sg/data/article/5901/doc/ESS_2006Q3_EnergyIntensity.pdf
3.SG need to hit back common wisdom that
the country is one of the worst energy wastage.
But who will foot the bills,if there is wastage?
Though SG store 80 million barrels
(1 day global usage) on her soil,it dunt mean SG waste energy.
Also ,SG is top 3 oil refinery center (by city) in the world of
max.capacity of 1.3 million bpd.