Singapore has a total crude oil refining capacity of 1.5 million barrels per day (bbl/d). Its three main refineries are ExxonMobil’s 605,000-bbl/d refinery at Pulau Ayer Chawan, Royal Dutch/Shell’s 500,000-bbl/d refinery on Pulau Bukom and the Singapore Refining Company’s 290,000-bbl/d refinery on Pulau Merlimau.
Where does Singapore get its crude oil from?
In 2015, Singapore imported approximately 1 million b/d of crude oil with the vast majority sent from the Middle East and Southeast Asia, according to the Singapore government. Imported crude oil is used mostly in the petrochemicals and refining sector.
What country produces the most refined oil?
Refined oil products production
- United States 769.
- China 648.
- Russia 266.
- India 232.
- South Korea 146.
- Japan 126.
- Saudi Arabia 123.
- Brazil 98.
Who owns the oil in USA?
Contrary to popular belief, and what some politicians might say, America’s oil companies aren’t owned just by a small group of insiders. Only 2.9 percent of industry shares are owned by corporate management. The rest is owned by tens of millions of Americans, many of them middle class.
Does Singapore have nuclear energy?
Singapore’s interest in nuclear energy has ebbed and flowed over the years due to one reason: safety. In 2007, Prime Minister Lee said nuclear energy was not a feasible alternative energy source because there was simply not enough land to build plants with the necessary 30km safety radius.
How much oil does Singapore have?
The government also maintains strategic petroleum reserves of about 32 million barrels of crude oil and 65 million barrels of refined petroleum products.