Singapore

Singapore is a major refining center in Asia and main spot market trading hub for the region.

Singapore has several large, complex refineries that give it capacity well beyond the needs for the small local market. This capacity acts as swing capacity for the rest of Asia.

The spot market in Singapore is deep and active due to the high volume of refined products exported and the number of players producing and buying refined product cargoes.

The Refinery Reference Desk includes content derived from our industry experts as well as from public data sources such as company websites. Nothing herein is intended to serve as investment advice. This material is based on information that we believe to be reliable and adequately comprehensive, but we do not represent that such information is in all respects accurate or complete. McKinsey Energy Insights does not accept any liability for any losses resulting from use of the content.



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