Singapore Oil & Gas Q1 2019
Despite growing headwinds to global macro and trade growth, Singapore will continue to be a key global and regionaltrading hub for oil and gas and an attractive market for potential investors owing to its strategic location, infrastructure setup, andfavourable policy and business environment. Intensifying regional competition could limit further growth in its refining capacity, butongoing upgrades would ensure the competitiveness of domestic refineries in the face of tightening global fuel standards. Plans towean off pipeline gas imports will see LNG imports come to fully dominate the gas import mix by 2026.
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