Saudi Arabia, Singapore announce plans for crude oil storage facility by 2027
SINGAPORE — Saudi Arabia and Singapore's energy ministries announced on Monday their joint intention to establish a crude oil storage arrangement in Singapore, aimed at strengthening energy security and supply chain resilience. To mark the announcement, Singapore’s Energy Market Authority (EMA) and JTC Corporation exchanged a Memorandum of Understanding (MoU) with Saudi Aramco during Singapore…
We haven't written up this one. Saudi Gazette has the full story — the link below goes straight to it.
