EXPANSION With the global recession still weighing heavy on industry, it is remarkable that terminal operators around the world have not only remained upbeat through the downturn but are continuing to invest heavily.
Singapore’s state-owned JTC Corp is to scrap the operational tender for the country’s underground rock cavern oil storage project and plans to re-issue it in three years - nearer the time of the completion of the first two caverns
SINGAPORE Construction of the Jurong Rock Caverns, south-east Asia's first underground oil storage facility, is expected to start by the end of this year, with the first two of five storage caverns slated for completion in 2013
