Agreed with Bowah.
SG need to continue spurning the crude processing. Do you know
that out of the total production of petroleum/diesel but just 10%
or less is only domestic consumption? The rest export and
ship refuel.
Okay - The big boy Co will say WTF that we can't even have 10%
or improve percentage domestic sale to sustain local operation.WE
NEED MORE domestic consumption.
Don't forget it not just only petroleum but the downstream
involves many by-products like kerosene, grease, polymers,
polymerize additives and so forth.
Who cares about "Kyoto Protocol" -- Talk only.
Do you know that USA consumes the most PVC by-products?
SG need to keep crude refinery right down to Lycra ( and other)
fine downstream products.
Or else close shop and relocate. No corporate tax, no jobs
etc.....
CNG ??? still has to rig from underground. Spoil the
environment.
Hybrid (with battery) --- Long way to go.