According to cia.gov/,SG produces some 1000 bpd(barrel per day) oil.
Few people know that current capacity of oil storge in SG is some 80 million barrels,enough for 90% of global one day consumption!!
SG has been top 3 refinery center(I think in term of city)among Rotterdam and one US city i forget.
SG is also top 3 bunkering Hubs--SG,Rotterdam and Fujarah, located on the east coast of the UAE.
JTC begins construction of Jurong Rock Cavern at Jurong Island
Singapore, 8 February 2007: Tunnelling work has begun at the construction site of Singapore’s first underground rock cavern for hydrocarbon storage – the Jurong Rock Cavern (JRC). JTC Corporation (JTC), which has been appointed by the Singapore Government to undertake the project, held a groundbreaking ceremony this morning to mark the commencement of this milestone project. The event was graced by Mr Lim Hng Kiang, Minister for Trade and Industry.
2 Located at Banyan LogisPark on Jurong Island, the multi-million dollar JRC project will be built at subterranean depths beneath the seabed of Banyan Basin. Phase 1 of the JRC, with a storage capacity of approximately 1.47 million cubic metres, will be used to store liquid hydrocarbons such as crude oil, condensate, naphtha and gasoil. JTC has engaged consultants to provide expert advice on the design and construction of the underground cavern. JTC will also be inviting interested parties to submit proposals for operation of the facility.
3 Storage of petrochemical products beneath the seabed through the JRC will further enhance safety and security on Jurong Island. In addition, the underground storage facility will free up land for higher value manufacturing operations. The size and storage capacity of the JRC translates to a saving of approximately 60 hectares of surface land space.....
http://www.jtc.gov.sg/newsroom/pressreleases/pages/20070208(pr).aspx
Jurong Rock Cavern (JRC)
The Jurong Rock Cavern (JRC) is an underground oil storage complex to be built at subterranean depths beneath the seabed of Banyan Basin in Jurong Island. The underground caverns have a potential storage capacity of close to 3 million cubic metres and can be used to store liquid hydrocarbons like crude oil, condensates and diesel oil.
Phase 1 of the JRC will have a storage capacity of about 1.5 million cubic metres. Development works on the cavern will begin in end 2006 and the first cavern is expected to be ready for use in 2011. This will be home to the first underground oil cavern for hydrocarbon storage in Singapore and will boost her position as an oil storage and chemicals hub.
http://www.jtc.gov.sg/portfolio/jurongisland/newdev/jrc/pages/index.aspx
Yeah my elder brother earn a minimum of S$8k/month in an oil company and he's just an oil testing officer. But he's a degree holder tho.
Originally posted by HyuugaNeji:Yeah my elder brother earn a minimum of S$8k/month in an oil company and he's just an oil testing officer. But he's a degree holder tho.
No shit, your bro must be an elite or else a FT. If Gopalan Nair or some people here are to be believed, we are all hawkers struggling to put meals on our tables.
Originally posted by kramnave:No shit, your bro must be an elite or else a FT. If Gopalan Nair or some people here are to be believed, we are all hawkers struggling to put meals on our tables.
SG is indeed the largest oil refinery ctr in Asia
Needless to say the world's largest transhipment port
Originally posted by HyuugaNeji:Yeah my elder brother earn a minimum of S$8k/month in an oil company and he's just an oil testing officer. But he's a degree holder tho.
huhh....just an oil testing officer??? do you know what an oil tester do? why oil company pays S$8k/month for a degree holder to do just oil testing? have some respect for your elder brother lah.![]()
no doubts about it, sg oil refinery is one of the best in the world. even australia is getting its petrol from SG. funny thing is; petrol here is cheaper than those sold in SG. why?
i have no qualms about lauding the success of big companies in SG, but it is like a poor man praising how rich his brother is, when he himself is desperate for support and got none from his rich brother.
better to have an average but helpful/caring brother to you, then a rich but selfish one. comprendo?
Originally posted by fishbuff:no doubts about it, sg oil refinery is one of the best in the world. even australia is getting its petrol from SG. funny thing is; petrol here is cheaper than those sold in SG. why?
i have no qualms about lauding the success of big companies in SG, but it is like a poor man praising how rich his brother is, when he himself is desperate for support and got none from his rich brother.
better to have an average but helpful/caring brother to you, then a rich but selfish one. comprendo?
Freights from Singapore to HK and Kaoshiong are cheaper than to Bangkok and HCM, funny isn't?
Petrol just across the border in JB is only half the price of that in Singapore, no surprise isn't it?
Pump prices are determined by many different factors. From cost and sources of crude, types of supply contract, quantity refined, delivery parcel sizes, distribution costs ...and finally the government taxes and duties. But, it is the oil companies who determine the retail pump prices. Unfortunately Singapore government has stopped setting price ceilings for pump prices, so the oil companies are allowed to set prices as they deem fit, and brotherly love is never a factor, in fact, it is not in their dictionary.
Since when the angmoh oil companies our rich brothers? they are rich but they are never our brothers.
All the oil companies operating in Singapore, Shell, Caltex, Exxon Mobil, formerly BP except the present SPC are all having retail operation in Australia, they must be treating the australians as brothers, that's why it is cheaper there.
Do you know if petrol is colored?![]()
![]()
Originally posted by sgdiehard:Freights from Singapore to HK and Kaoshiong are cheaper than to Bangkok and HCM, funny isn't?
Petrol just across the border in JB is only half the price of that in Singapore, no surprise isn't it?
Pump prices are determined by many different factors. From cost and sources of crude, types of supply contract, quantity refined, delivery parcel sizes, distribution costs ...and finally the government taxes and duties. But, it is the oil companies who determine the retail pump prices. Unfortunately Singapore government has stopped setting price ceilings for pump prices, so the oil companies are allowed to set prices as they deem fit, and brotherly love is never a factor, in fact, it is not in their dictionary.
Since when the angmoh oil companies our rich brothers? they are rich but they are never our brothers.
All the oil companies operating in Singapore, Shell, Caltex, Exxon Mobil, formerly BP except the present SPC are all having retail operation in Australia, they must be treating the australians as brothers, that's why it is cheaper there.
Do you know if petrol is colored?
![]()
I dont think petrol is colored under the pretext and in the situation of SG.
It depends on the regulations. If the country taxes the crude oil coming in through the depots high , the cost to sell will be higher. SG is diregulated and so by that it means the oil companies can fight the prices among themselves.And using lowest price , biggest volume ratio. Or they can all co-op and set a standard price within themselves as to control the retail oil prices.
If they all have the same prices , it will come down to whoever's brand is more visible , better customer services and lastly the technology they R & D 'd in it.
do u guys know why MY petrol is so cheap?
Thanks for the kind contributions of MY tax payers!!
Subsidy accounts for 14% of MY operating expenditure.
But is it the correct way yo run a country?
How about if i dunt have a car?
Indonesia is facing the problems to cut down subsidy,facing massive protest.
.....QUOTE:
A review of the fuel subsidy seems imminent as the Government and national oil company Petroliam Nasional Bhd (Petronas) have said fuel and gas subsidies now cost a combined total of RM40bil a year due to the surge in crude oil and natural gas price globally.
To note, subsidies account for 14% of the Government's total operating expenditure in 2005 from the average 2% to 3% in the 1990s, before coming down to 10% last year as a result of a string of fuel price adjustments in recent years.
Aseambankers Malaysia Bhd chief economist Suhaimi Ilias estimates the market price for petrol to be around RM3.50 per litre at current crude oil price level, while gas price is close to RM30 per mmbtu (million British thermal unit).
.....END OF QUOTE
http://biz.thestar.com.my/news/story.asp?file=/2008/1/14/business/19952483&sec=business
2...QUOTE:.The Malaysia government was spending RM43.4 billion currently to provide various subsidies to offset the petrol price increase and the allocation was actually much bigger than that for national development, he (Malaysian Prime Minister )said....END OF QUOTE
| Massive Subsidy For Fuel Because Government Cares For The People - Malaysian PM |
|
PENANG, Feb 25(2008) (Bernama) -- Malaysian Prime Minister Datuk Seri Abdullah Ahmad Badawi said today the Malaysia government allocated massive subsidies to offset the price of petrol in the market as it cares for and is concerned about the people. The Malaysian Prime Minister said the Malaysia government did not want the people to be too heavily burdened by the rise in petrol price. |
http://web5.bernama.com/ssig/index.php?option=com_content&task=view&id=17114
Originally posted by noisylion
there is no point in be top 3 bunkering hub if u cannot handle a terrorist in your dentention center:
...QUOTE
SHE was enjoying her usual evening jog when she saw the Whitley Road area swarming with armed police officers.
Ms Samantha Wong, 44, was surprised when a police officer approached her and showed her a photocopied picture of a man and asked if she had seen him.
'I was told he had escaped and that he was short and walked with a limp,' said Ms Wong, who lives in the area.
She said she was shocked by the news, but did not recognise the man's face.
She would later find out that he was Singapore's most wanted man.
ESCAPE
Jemaah Islamiah (JI) detainee Mas Selamat Kastari, 45, escaped from the Whitley Road Detention Centre at 4.05pm yesterday and, at press time, was on the run.
The police immediately mounted a massive manhunt in the area.
It is understood that checks were also made at the Tuas and Woodlands immigration checkpoints.
At the Tuas checkpoint around 6pm, student Tan Thiam Chye, 25, said all immigration clearance was stopped for about 15 minutes, causing a traffic build-up.
'Immigration officers were holding a picture of a man and they were passing it around,' said Mr Tan, who was on his way to Johor on a bus.
Mas Selamat, who walks with a limp, is not known to be armed, the Ministry of Home Affairs said in a press release yesterday.
He had led the Singapore JI network and was among five JI members detained here under the Internal Security Act in 2006.
He had even plotted to hit Changi Airport with a hijacked plane.
By 6pm, across the highway from the Whitley Detention Centre, just behind Catholic Junior College, police were moving into the quiet estate.
Gurkhas and armed officers withred berets, wearing bullet-proof vests, with kukris around their waists and holding revolvers, lined Malcolm Road, Mount Rosie Road, Mount Pleasant Road and Whitley Road.
There were also more than 20 police vehicles along those roads, including Special Operations Command vehicles, fast response saloon cars, Toyota Hi-Lux sport utility vehicles and blue buses.
The New Paper also spotted police along the Pan-Island Expressway towards Onraet Road.
Officers holding maps were seen instructing their teams to move into certain areas.
They stopped several joggers between 6pm and 7pm to ask them if they had seen the fugitive.
The police line in the Whitley area, with police officers spaced about 10m apart, went as far as Chancery Lane and Goldhill Avenue, near Barker Road, onto Dunearn Road.
Car washers at the Esso petrol station outside St Joseph's Institution were curious when a Special Operations Command vehicle pulled up outside their car wash station at 7pm.
They had no idea what was going on.
At about 7.50pm, when a group of students going to the bus stop asked the police what was happening, they were simply told that it was 'an operation'.
Officers were also seen knocking on doors, asking residents if they had seen the man.
Madam Chang Wen Wen, 53, who lives near the junction of Bukit Timah Road and Stevens Road, immediately alerted her daughter to return home early.
She said: 'Naturally we have to be extra cautious.
'I wonder how this could have happened in Singapore because I thought we have a very tight security system.'
The public have been advised to immediately call the police on 999 if they know of Mas Selamat's whereabouts.
... END OF QUOTE
if one man can escape tru the security pple we spend millions to set up, what will happen to our bunkering hub?
will this:

become a big esplosion?
Originally posted by SingaporeTyrannosaur:
Car washers at the Esso petrol station outside St Joseph's Institution were curious when a Special Operations Command vehicle pulled up outside their car wash station at 7pm.
They had no idea what was going on.
At about 7.50pm, when a group of students going to the bus stop asked the police what was happening, they were simply told that it was 'an operation'.
Officers were also seen knocking on doors, asking residents if they had seen the man.
Madam Chang Wen Wen, 53, who lives near the junction of Bukit Timah Road and Stevens Road, immediately alerted her daughter to return home early.
She said: 'Naturally we have to be extra cautious.
'I wonder how this could have happened in Singapore because I thought we have a very tight security system.'
The public have been advised to immediately call the police on 999 if they know of Mas Selamat's whereabouts.
... END OF QUOTE
if one man can escape tru the security pple we spend millions to set up, what will happen to our bunkering hub?
will this:
become a big esplosion?
there is such thing called accident, this may be just one of them. Singaporeans should learn not to take anything for granted, the million dollars salaried ministers can also make mistake one.
What will happen to our bunkering hub? same question can be asked, what will happend to our airport, our refining center, our amk town.....so what should we do, close the bunkering hub? guess the best is to run to Australia, before the "faithful day" comes.
i admire how singapore attract the foreign investment and infrastructure buildup from the past to the present.
i admire how the old PAP party put together their effort and planning to bring forth the fishing village to a world class city.
i was from the 70s and seeing how singapore transformed slowly to a mfg hub to a high tech hub and to a major financial hub.
however, the effort of building SG up is NOT within a person's effort as what Lee has claimed to be. it is a team effort, starting from the PAP party, down to the man and woman in the street.
BUTTTT.. big BUTT... the old party member had either died or retired. the once relinquished freedom for the sake of nationhood progress has never been restored. the leader that once held in high esteem for his uncomprising leadership has turned selfish and deceitful. the new party members are getting enormously greedy and conceited.
where is the pride of the nation from the yesteryears? i sorely miss the old gang of PAP; those that really served the country selflessly and passionately.
what i hate is the current generation of PAP parties members and the Lees. what Lee used to be a leader that i admire in the past, he has changed over the years. and i no longer can stomach his constant domineering power over every single one of singaporean's future.
Originally posted by sgdiehard:there is such thing called accident, this may be just one of them. Singaporeans should learn not to take anything for granted, the million dollars salaried ministers can also make mistake one.
What will happen to our bunkering hub? same question can be asked, what will happend to our airport, our refining center, our amk town.....so what should we do, close the bunkering hub? guess the best is to run to Australia, before the "faithful day" comes.
On second thought, my first para is wrong. The JI escape is not an accident, it is negligence, careless, taking things for granted, or even internal job....for which the internal security department, led by wong can't sing, should be taken to task.
Originally posted by fishbuff:i admire how singapore attract the foreign investment and infrastructure buildup from the past to the present.
i admire how the old PAP party put together their effort and planning to bring forth the fishing village to a world class city.
i was from the 70s and seeing how singapore transformed slowly to a mfg hub to a high tech hub and to a major financial hub.
however, the effort of building SG up is NOT within a person's effort as what Lee has claimed to be. it is a team effort, starting from the PAP party, down to the man and woman in the street.
BUTTTT.. big BUTT... the old party member had either died or retired. the once relinquished freedom for the sake of nationhood progress has never been restored. the leader that once held in high esteem for his uncomprising leadership has turned selfish and deceitful. the new party members are getting enormously greedy and conceited.
where is the pride of the nation from the yesteryears? i sorely miss the old gang of PAP; those that really served the country selflessly and passionately.
what i hate is the current generation of PAP parties members and the Lees. what Lee used to be a leader that i admire in the past, he has changed over the years. and i no longer can stomach his constant domineering power over every single one of singaporean's future.
For once, I fully agree with you, especially para 4. Singapore was never built by one person. There were Goh Keng Swee, Toh Chin Chye, Rajaratnam, just to name a few.
Originally posted by sgdiehard:For once, I fully agree with you, especially para 4. Singapore was never built by one person. There were Goh Keng Swee, Toh Chin Chye, Rajaratnam, just to name a few.
1.when and where did LKY say SG built by him alone??Dunt put words into his mouth!!
Originally posted by sgdiehard:For once, I fully agree with you, especially para 4. Singapore was never built by one person. There were Goh Keng Swee, Toh Chin Chye, Rajaratnam, just to name a few.
1.when and where did LKY say SG built by him alone??Dunt put words into his mouth!!
Originally posted by sgdiehard:For once, I fully agree with you, especially para 4. Singapore was never built by one person. There were Goh Keng Swee, Toh Chin Chye, Rajaratnam, just to name a few.
1.when and where did LKY say SG built by him alone??Dunt put words into his mouth!!
Originally posted by noisylion:
1.when and where did ST say Fantail smallest built UAV?? Dunt put words into their mouth!!
2. when and where did ST say Fantail supposed to use crash into soldiers?? Dunt put words into their mouth!!
Originally posted by lionnoisy:
1.when and where did LKY say SG built by him alone??Dunt put words into his mouth!!
when and where did I say that LKY said that SG built by him alone?? don't put words into my mouth!!
Originally posted by kramnave:No shit, your bro must be an elite or else a FT. If Gopalan Nair or some people here are to be believed, we are all hawkers struggling to put meals on our tables.
The main reason why my bro command a high salary was because of the dangerous nature of his job. Another reason is that he works OT a lot and he works overnight 3 times a week. Working at **** island which might explode anytime is not exactly a very wise thing to do. He also told me that even if he get promoted to head engineer, his pay will still be relatively the same because head engineer supposedly only needs to work from 8 to 5 and day job get paid less.
Originally posted by HyuugaNeji:
The main reason why my bro command a high salary was because of the dangerous nature of his job. Another reason is that he works OT a lot and he works overnight 3 times a week. Working at **** island which might explode anytime is not exactly a very wise thing to do. He also told me that even if he get promoted to head engineer, his pay will still be relatively the same because head engineer supposedly only needs to work from 8 to 5 and day job get paid less.
Yup..people get relatively high salary for a reason. It may be because the job is dangerous, may be because one brings in a lot of money for the company, may be because there is a lack of skilled talent etc. There are many of such jobs out there but many here and Gopalan Nair choose to believe that the bulk of Singaporeans are all cleaners, hawkers and part time waiters who struggle to make a living.