Singapore to Store Saudi Crude in Underground Caverns From 2027

Name: Singapore to Store Saudi Crude in Underground Caverns From 2027
Uploaded: 2026-10-26T10:06:25.353261+00:00
Description: Singapore and Saudi Arabia announced on Oct. 26, 2026 a joint intent to store Saudi crude at the Jurong Rock Caverns from the second half of 2027. The arrangement aims to shield Southeast Asia's top refining hub from supply disruptions linked to conflict around the Strait of Hormuz and Red Sea.

Singapore and Saudi Arabia announced on Oct. 26, 2026 a joint intent to store Saudi crude at the Jurong Rock Caverns from the second half of 2027. The arrangement aims to shield Southeast Asia's top refining hub from supply disruptions linked to conflict around the Strait of Hormuz and Red Sea.

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