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Commemoration of the Official Opening of Naphtha Import Facilities video
Description
published: 15 Mar 2018
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Crude Oil Extraction
Most commonly, geologists apply seismology for oil location. In this method, shock waves are created that pass through rock layers and are then reflected back to the surface where they are measured using the seismic equipment. In some ways, this is similar to the way sonar maps surface structures. The basic premise of the seismological technique is that the numbers of sound waves reflected and the speed at which they travel are affected by the density of rock layers through which they must pass. Oil deposits will reflect sound waves differently than solid rock.
published: 04 Jul 2016
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Turning waste plastic into Petrol | The Better India
Looks like Prof. Kumar from Hyderabad may have found a hack to check the increasing rate of fuel in the country! #Sustainable #innovation #plastic #petrol #thebetterindia #abetterindia #betterindia #fuelpricehike #petrolpricehike #waste #plasticpollution #wealthfromwaste #wastetowealth #pyrolysis #depolymerisation #nonbiodegradable #nonrecyclable #induction #infrared #gasification #petroleum #hydroxysystems #distillation #petrogas #petroleumcoke
Follow us for more:
Facebook: https://www.facebook.com/thebetterindia
Instagram: https://www.instagram.com/thebetterindia/
Twitter: https://twitter.com/thebetterindia
Website: https://www.thebetterindia.com/
LinkedIn: https://www.linkedin.com/company/thebetterindia/
-- Buy Skin-Safe, Baby-Safe and Pet-safe Laundry, Dishwashing, Floor and Toile...
published: 10 Apr 2021
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Open Spec Naphtha Price Gain In Asia.
Today’s price changes in the global petrochemical industry with Simran Choudhary.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
Follow Polymerupdate News on Google+ : https://goo.gl/VqfJ6v
#polymerupdate #PetrochemicalNews #NaphthaPrice
published: 03 Apr 2019
-
High Margins Export Products #export #import #business
High margins export product of India and also the trending products exported from india
How to Export Handicrafts,
Export of chemicals,
how to export plastic,
how to export leather products from India.
#leather #handicraft #chemicals #pharmaceutical #plastic
published: 05 May 2023
-
Natural Gas 101
Natural Gas is a flammable gas, consisting mainly of methane (CH4), occurring in underground reservoirs often with oil.
Learn more about natural gas and all types of energy at www.studentenergy.org
--------
Student Energy is currently developing the Global Youth Energy Outlook, a global youth-led report that will engage 50,000 young people around the world in 2021 to gather their perspectives on energy. Want to take part? If you’re between 18-30, head to www.bit.ly/gyeo to complete the survey! You can win $100 cash prizes in each region, or a fully funded trip to the next International Student Energy Summit!
Student Energy is a global youth-led organization empowering the next generation of leaders who are accelerating the transition to a sustainable, equitable energy future. We work wit...
published: 30 Jun 2015
-
How Petroleum Forms? Simply Explained
How Petroleum Forms?
Petroleum formation
Petroleum formation under sea
Petroleum formation under rocks
Petroleum extraction
What Is Petroleum?
Petroleum is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. Petroleum is a fossil fuel, meaning that it has been created by the decomposition of organic matter over millions of years. Petroleum is formed when large quantities of dead organisms–primarily zooplankton and algae–underneath sedimentary rock are subjected to intense heat and pressure.
Petroleum is used as fuel to power vehicles, heating units, and machines, as well as being converted into plastics and other materials. Because the majority of the world relies on petroleum for many goods and services, the petroleum industry is extremely powe...
published: 30 Jul 2022
-
Naphtha Market: Global Industry Analysis, Trends, Growth, Share, Size and Forecast Till 2023
Get more information about the market: https://www.imarcgroup.com/naphtha-market
Naphtha is a colourless, extremely volatile and highly flammable liquid hydrocarbon mixture. It is obtained during the distillation of coal tar, petroleum or wood. Depending on its composition, source and use, naphtha is known by several names including petroleum spirits, shellite, ligroin, white gas, etc. It is majorly used as a feedstock for manufacturing high-octane gasoline component.
Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=872&flag=B
Contact Us
IMARC Group
Elena Anderson
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7...
published: 03 Apr 2019
-
SINGAPORE: The Secret Hub for Russian Oil in Asia
In this video, we explore the growing trend of Singapore becoming a hub for the blending and re-exportation of Russian oil. Demand for storage tank space in Singapore has soared as traders take advantage of cheap fuel supplies from Russia, mixing them with shipments from other sources.
Subscribe: https://www.youtube.com/c/Infodocker
Singapore has financial institutions that are prohibited from financing or dealing with Russian goods and companies.
As Europe prepares to roll out new sanctions on Russian petroleum products on February 5th, oil market participants are keenly watching to see where Russian fuels such as gasoil, naphtha and fuel oil will find homes, as many Asian nations are not taking a hard stance on sanctions. Ship tracking data by Vortexa showed that Singapore oil-receiv...
published: 20 Jan 2023
-
Open Spec Naphtha Prices Spike In Asia On Tuesday
Today’s price changes in the global petrochemical industry with Shreyal Dhume.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on LinkedIn: https://www.linkedin.com/company/shal...
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
#Crudeoil #Polymernews #AsianMarketUpdate
published: 27 Apr 2022
1:24
Crude Oil Extraction
Most commonly, geologists apply seismology for oil location. In this method, shock waves are created that pass through rock layers and are then reflected back t...
Most commonly, geologists apply seismology for oil location. In this method, shock waves are created that pass through rock layers and are then reflected back to the surface where they are measured using the seismic equipment. In some ways, this is similar to the way sonar maps surface structures. The basic premise of the seismological technique is that the numbers of sound waves reflected and the speed at which they travel are affected by the density of rock layers through which they must pass. Oil deposits will reflect sound waves differently than solid rock.
https://wn.com/Crude_Oil_Extraction
Most commonly, geologists apply seismology for oil location. In this method, shock waves are created that pass through rock layers and are then reflected back to the surface where they are measured using the seismic equipment. In some ways, this is similar to the way sonar maps surface structures. The basic premise of the seismological technique is that the numbers of sound waves reflected and the speed at which they travel are affected by the density of rock layers through which they must pass. Oil deposits will reflect sound waves differently than solid rock.
- published: 04 Jul 2016
- views: 235724
1:57
Turning waste plastic into Petrol | The Better India
Looks like Prof. Kumar from Hyderabad may have found a hack to check the increasing rate of fuel in the country! #Sustainable #innovation #plastic #petrol #theb...
Looks like Prof. Kumar from Hyderabad may have found a hack to check the increasing rate of fuel in the country! #Sustainable #innovation #plastic #petrol #thebetterindia #abetterindia #betterindia #fuelpricehike #petrolpricehike #waste #plasticpollution #wealthfromwaste #wastetowealth #pyrolysis #depolymerisation #nonbiodegradable #nonrecyclable #induction #infrared #gasification #petroleum #hydroxysystems #distillation #petrogas #petroleumcoke
Follow us for more:
Facebook: https://www.facebook.com/thebetterindia
Instagram: https://www.instagram.com/thebetterindia/
Twitter: https://twitter.com/thebetterindia
Website: https://www.thebetterindia.com/
LinkedIn: https://www.linkedin.com/company/thebetterindia/
-- Buy Skin-Safe, Baby-Safe and Pet-safe Laundry, Dishwashing, Floor and Toilet Cleaners made from naturally derived ingredients on
https://shop.thebetterindia.com/
#HomeCleaners #EcoFriendly #Natural #Safe
https://wn.com/Turning_Waste_Plastic_Into_Petrol_|_The_Better_India
Looks like Prof. Kumar from Hyderabad may have found a hack to check the increasing rate of fuel in the country! #Sustainable #innovation #plastic #petrol #thebetterindia #abetterindia #betterindia #fuelpricehike #petrolpricehike #waste #plasticpollution #wealthfromwaste #wastetowealth #pyrolysis #depolymerisation #nonbiodegradable #nonrecyclable #induction #infrared #gasification #petroleum #hydroxysystems #distillation #petrogas #petroleumcoke
Follow us for more:
Facebook: https://www.facebook.com/thebetterindia
Instagram: https://www.instagram.com/thebetterindia/
Twitter: https://twitter.com/thebetterindia
Website: https://www.thebetterindia.com/
LinkedIn: https://www.linkedin.com/company/thebetterindia/
-- Buy Skin-Safe, Baby-Safe and Pet-safe Laundry, Dishwashing, Floor and Toilet Cleaners made from naturally derived ingredients on
https://shop.thebetterindia.com/
#HomeCleaners #EcoFriendly #Natural #Safe
- published: 10 Apr 2021
- views: 252634
3:29
Open Spec Naphtha Price Gain In Asia.
Today’s price changes in the global petrochemical industry with Simran Choudhary.
The Polymerupdate daily petrochemical news and price assessments are based o...
Today’s price changes in the global petrochemical industry with Simran Choudhary.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
Follow Polymerupdate News on Google+ : https://goo.gl/VqfJ6v
#polymerupdate #PetrochemicalNews #NaphthaPrice
https://wn.com/Open_Spec_Naphtha_Price_Gain_In_Asia.
Today’s price changes in the global petrochemical industry with Simran Choudhary.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
Follow Polymerupdate News on Google+ : https://goo.gl/VqfJ6v
#polymerupdate #PetrochemicalNews #NaphthaPrice
- published: 03 Apr 2019
- views: 889
0:46
High Margins Export Products #export #import #business
High margins export product of India and also the trending products exported from india
How to Export Handicrafts,
Export of chemicals,
how to export plastic,
...
High margins export product of India and also the trending products exported from india
How to Export Handicrafts,
Export of chemicals,
how to export plastic,
how to export leather products from India.
#leather #handicraft #chemicals #pharmaceutical #plastic
https://wn.com/High_Margins_Export_Products_Export_Import_Business
High margins export product of India and also the trending products exported from india
How to Export Handicrafts,
Export of chemicals,
how to export plastic,
how to export leather products from India.
#leather #handicraft #chemicals #pharmaceutical #plastic
- published: 05 May 2023
- views: 157995
3:39
Natural Gas 101
Natural Gas is a flammable gas, consisting mainly of methane (CH4), occurring in underground reservoirs often with oil.
Learn more about natural gas and all ty...
Natural Gas is a flammable gas, consisting mainly of methane (CH4), occurring in underground reservoirs often with oil.
Learn more about natural gas and all types of energy at www.studentenergy.org
--------
Student Energy is currently developing the Global Youth Energy Outlook, a global youth-led report that will engage 50,000 young people around the world in 2021 to gather their perspectives on energy. Want to take part? If you’re between 18-30, head to www.bit.ly/gyeo to complete the survey! You can win $100 cash prizes in each region, or a fully funded trip to the next International Student Energy Summit!
Student Energy is a global youth-led organization empowering the next generation of leaders who are accelerating the transition to a sustainable, equitable energy future. We work with a network of 50,000 young people from over 120 countries to build the knowledge, skills, and networks they need to take action on energy. Learn more at www.studentenergy.org
https://wn.com/Natural_Gas_101
Natural Gas is a flammable gas, consisting mainly of methane (CH4), occurring in underground reservoirs often with oil.
Learn more about natural gas and all types of energy at www.studentenergy.org
--------
Student Energy is currently developing the Global Youth Energy Outlook, a global youth-led report that will engage 50,000 young people around the world in 2021 to gather their perspectives on energy. Want to take part? If you’re between 18-30, head to www.bit.ly/gyeo to complete the survey! You can win $100 cash prizes in each region, or a fully funded trip to the next International Student Energy Summit!
Student Energy is a global youth-led organization empowering the next generation of leaders who are accelerating the transition to a sustainable, equitable energy future. We work with a network of 50,000 young people from over 120 countries to build the knowledge, skills, and networks they need to take action on energy. Learn more at www.studentenergy.org
- published: 30 Jun 2015
- views: 2014005
1:17
How Petroleum Forms? Simply Explained
How Petroleum Forms?
Petroleum formation
Petroleum formation under sea
Petroleum formation under rocks
Petroleum extraction
What Is Petroleum?
Petroleum is a ...
How Petroleum Forms?
Petroleum formation
Petroleum formation under sea
Petroleum formation under rocks
Petroleum extraction
What Is Petroleum?
Petroleum is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. Petroleum is a fossil fuel, meaning that it has been created by the decomposition of organic matter over millions of years. Petroleum is formed when large quantities of dead organisms–primarily zooplankton and algae–underneath sedimentary rock are subjected to intense heat and pressure.
Petroleum is used as fuel to power vehicles, heating units, and machines, as well as being converted into plastics and other materials. Because the majority of the world relies on petroleum for many goods and services, the petroleum industry is extremely powerful and is a major influence on world politics and the global economy.
How Is Petroleum Formed?
Petroleum is a fossil fuel that was formed over millions of years through the transformation of dead organisms, such as algae, plants, and bacteria, that experienced high heat and pressure when trapped inside rock formations.
What Is Petroleum Used For?
The uses of petroleum are many, including gasoline, fuel oil, kerosene oil, lubricating oil, plastics, which in turn are used for transportation, heating, light, lubricants, clothing, industrials, and more.
Is Petroleum Toxic to Humans?
Yes, petroleum is toxic to humans. The amount of toxicity depends on the specific form of petroleum exposed to as well as the amount and length of time. Exposure to petroleum can cause irritation to the skin, eyes, lungs, causing shortness of breath, nausea, dizziness, and extreme exposure can cause damage to the organs and cancer.
Is Petroleum Renewable?
Petroleum is not a renewable energy source. It is a fossil fuel that took millions of years to form and there is a finite amount of petroleum available. Once all the petroleum is used in the world it will be gone for good.
Types of Petroleum
Petroleum is a versatile fossil fuel that can be refined into many different products. Common examples include gasoline, kerosene, fuel oil, and lubricating oil. Gasoline is primarily used to power vehicles. It is used in cars, motorcycles, and other vehicles, as well as to power small engines, such as lawnmowers.
Kerosene oil is primarily used for light, such as burning in kerosene lamps, as well as for some heaters, and to make rocket fuel and jet fuel. Fuel oil is used in heaters and furnaces to heat interior spaces. Lubricating oil has many uses, primarily that of a lubricant, which is meant to reduce friction.
#petroleumformation#petrolium#lifeside
Thanks for watching Life side
https://wn.com/How_Petroleum_Forms_Simply_Explained
How Petroleum Forms?
Petroleum formation
Petroleum formation under sea
Petroleum formation under rocks
Petroleum extraction
What Is Petroleum?
Petroleum is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. Petroleum is a fossil fuel, meaning that it has been created by the decomposition of organic matter over millions of years. Petroleum is formed when large quantities of dead organisms–primarily zooplankton and algae–underneath sedimentary rock are subjected to intense heat and pressure.
Petroleum is used as fuel to power vehicles, heating units, and machines, as well as being converted into plastics and other materials. Because the majority of the world relies on petroleum for many goods and services, the petroleum industry is extremely powerful and is a major influence on world politics and the global economy.
How Is Petroleum Formed?
Petroleum is a fossil fuel that was formed over millions of years through the transformation of dead organisms, such as algae, plants, and bacteria, that experienced high heat and pressure when trapped inside rock formations.
What Is Petroleum Used For?
The uses of petroleum are many, including gasoline, fuel oil, kerosene oil, lubricating oil, plastics, which in turn are used for transportation, heating, light, lubricants, clothing, industrials, and more.
Is Petroleum Toxic to Humans?
Yes, petroleum is toxic to humans. The amount of toxicity depends on the specific form of petroleum exposed to as well as the amount and length of time. Exposure to petroleum can cause irritation to the skin, eyes, lungs, causing shortness of breath, nausea, dizziness, and extreme exposure can cause damage to the organs and cancer.
Is Petroleum Renewable?
Petroleum is not a renewable energy source. It is a fossil fuel that took millions of years to form and there is a finite amount of petroleum available. Once all the petroleum is used in the world it will be gone for good.
Types of Petroleum
Petroleum is a versatile fossil fuel that can be refined into many different products. Common examples include gasoline, kerosene, fuel oil, and lubricating oil. Gasoline is primarily used to power vehicles. It is used in cars, motorcycles, and other vehicles, as well as to power small engines, such as lawnmowers.
Kerosene oil is primarily used for light, such as burning in kerosene lamps, as well as for some heaters, and to make rocket fuel and jet fuel. Fuel oil is used in heaters and furnaces to heat interior spaces. Lubricating oil has many uses, primarily that of a lubricant, which is meant to reduce friction.
#petroleumformation#petrolium#lifeside
Thanks for watching Life side
- published: 30 Jul 2022
- views: 59128
1:10
Naphtha Market: Global Industry Analysis, Trends, Growth, Share, Size and Forecast Till 2023
Get more information about the market: https://www.imarcgroup.com/naphtha-market
Naphtha is a colourless, extremely volatile and highly flammable liquid hydroc...
Get more information about the market: https://www.imarcgroup.com/naphtha-market
Naphtha is a colourless, extremely volatile and highly flammable liquid hydrocarbon mixture. It is obtained during the distillation of coal tar, petroleum or wood. Depending on its composition, source and use, naphtha is known by several names including petroleum spirits, shellite, ligroin, white gas, etc. It is majorly used as a feedstock for manufacturing high-octane gasoline component.
Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=872&flag=B
Contact Us
IMARC Group
Elena Anderson
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Linkedin: https://www.linkedin.com/company/imarc-group
https://wn.com/Naphtha_Market_Global_Industry_Analysis,_Trends,_Growth,_Share,_Size_And_Forecast_Till_2023
Get more information about the market: https://www.imarcgroup.com/naphtha-market
Naphtha is a colourless, extremely volatile and highly flammable liquid hydrocarbon mixture. It is obtained during the distillation of coal tar, petroleum or wood. Depending on its composition, source and use, naphtha is known by several names including petroleum spirits, shellite, ligroin, white gas, etc. It is majorly used as a feedstock for manufacturing high-octane gasoline component.
Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=872&flag=B
Contact Us
IMARC Group
Elena Anderson
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Linkedin: https://www.linkedin.com/company/imarc-group
- published: 03 Apr 2019
- views: 45
3:43
SINGAPORE: The Secret Hub for Russian Oil in Asia
In this video, we explore the growing trend of Singapore becoming a hub for the blending and re-exportation of Russian oil. Demand for storage tank space in Sin...
In this video, we explore the growing trend of Singapore becoming a hub for the blending and re-exportation of Russian oil. Demand for storage tank space in Singapore has soared as traders take advantage of cheap fuel supplies from Russia, mixing them with shipments from other sources.
Subscribe: https://www.youtube.com/c/Infodocker
Singapore has financial institutions that are prohibited from financing or dealing with Russian goods and companies.
As Europe prepares to roll out new sanctions on Russian petroleum products on February 5th, oil market participants are keenly watching to see where Russian fuels such as gasoil, naphtha and fuel oil will find homes, as many Asian nations are not taking a hard stance on sanctions. Ship tracking data by Vortexa showed that Singapore oil-receiving terminals took in more than double the volume of Russian naphtha and fuel oil in December 2022 compared to a year ago. This trend is likely to continue as traders and fuel suppliers seek out onshore tanks or offshore floating storages for very good profit margins from such activities. Join us as we delve deeper into the global oil market and Singapore's key role in the movement and re-distribution of Russian fuel.
Singapore has become a hub for the blending and re-exportation of Russian oil
Demand for storage tank space in Singapore has risen as traders mix cheap Russian fuel supplies with shipments from other sources to obscure the cargoes' origins
Singapore has not banned the import of Russian oil or petroleum products, but financial institutions are prohibited from financing or dealing with Russian goods and companies
The handling and trading of Russian fuel is a sensitive issue in the region
Russian crude oil and fuel flows to Asia and the Middle East have surged since Moscow's war in Ukraine prompted western buyers to turn away
These shipments are increasingly being sent to blending and redistribution hubs like Singapore and Fujairah in the UAE where they can be co-mingled, repackaged, and re-exported globally
Europe is preparing to roll out new sanctions on Russian petroleum products on February 5th, causing oil market participants to watch where Russian fuels will find homes as many Asian nations aren't taking a hard stance on sanctions
Advario, Jurong Port, Horizon, and Royal Vopak operate commercial tanks in Singapore and have seen a rise in costs for leasing storage space
Ship tracking data shows that Singapore oil-receiving terminals took in more than double the volume of Russian naphtha and fuel oil in December 2022 compared to the previous year
The increased Russian naphtha arriving in Singapore's tanks is likely to be re-exported to markets in Northeast Asia
Traders and fuel suppliers are taking advantage of "very good" profit margins from oil storage and blending activities due to the availability of cheap supplies of Russian fuel oil and other products.
---
Explore more videos on Singapore in @Infodocker
SINGAPORE will be Metaverse Top City in the World by 2030 | Singapore News
https://youtu.be/ncVtpN9hbfI
SINGAPORE Navy Expansion : Two New submarines launched by PM Lee and Ho Ching
https://youtu.be/eVlI-j4CO3A
SINGAPORE defends sovereignty over PEDRA BRANCA
https://youtu.be/kIJXSNTf8rU
https://wn.com/Singapore_The_Secret_Hub_For_Russian_Oil_In_Asia
In this video, we explore the growing trend of Singapore becoming a hub for the blending and re-exportation of Russian oil. Demand for storage tank space in Singapore has soared as traders take advantage of cheap fuel supplies from Russia, mixing them with shipments from other sources.
Subscribe: https://www.youtube.com/c/Infodocker
Singapore has financial institutions that are prohibited from financing or dealing with Russian goods and companies.
As Europe prepares to roll out new sanctions on Russian petroleum products on February 5th, oil market participants are keenly watching to see where Russian fuels such as gasoil, naphtha and fuel oil will find homes, as many Asian nations are not taking a hard stance on sanctions. Ship tracking data by Vortexa showed that Singapore oil-receiving terminals took in more than double the volume of Russian naphtha and fuel oil in December 2022 compared to a year ago. This trend is likely to continue as traders and fuel suppliers seek out onshore tanks or offshore floating storages for very good profit margins from such activities. Join us as we delve deeper into the global oil market and Singapore's key role in the movement and re-distribution of Russian fuel.
Singapore has become a hub for the blending and re-exportation of Russian oil
Demand for storage tank space in Singapore has risen as traders mix cheap Russian fuel supplies with shipments from other sources to obscure the cargoes' origins
Singapore has not banned the import of Russian oil or petroleum products, but financial institutions are prohibited from financing or dealing with Russian goods and companies
The handling and trading of Russian fuel is a sensitive issue in the region
Russian crude oil and fuel flows to Asia and the Middle East have surged since Moscow's war in Ukraine prompted western buyers to turn away
These shipments are increasingly being sent to blending and redistribution hubs like Singapore and Fujairah in the UAE where they can be co-mingled, repackaged, and re-exported globally
Europe is preparing to roll out new sanctions on Russian petroleum products on February 5th, causing oil market participants to watch where Russian fuels will find homes as many Asian nations aren't taking a hard stance on sanctions
Advario, Jurong Port, Horizon, and Royal Vopak operate commercial tanks in Singapore and have seen a rise in costs for leasing storage space
Ship tracking data shows that Singapore oil-receiving terminals took in more than double the volume of Russian naphtha and fuel oil in December 2022 compared to the previous year
The increased Russian naphtha arriving in Singapore's tanks is likely to be re-exported to markets in Northeast Asia
Traders and fuel suppliers are taking advantage of "very good" profit margins from oil storage and blending activities due to the availability of cheap supplies of Russian fuel oil and other products.
---
Explore more videos on Singapore in @Infodocker
SINGAPORE will be Metaverse Top City in the World by 2030 | Singapore News
https://youtu.be/ncVtpN9hbfI
SINGAPORE Navy Expansion : Two New submarines launched by PM Lee and Ho Ching
https://youtu.be/eVlI-j4CO3A
SINGAPORE defends sovereignty over PEDRA BRANCA
https://youtu.be/kIJXSNTf8rU
- published: 20 Jan 2023
- views: 2629
3:01
Open Spec Naphtha Prices Spike In Asia On Tuesday
Today’s price changes in the global petrochemical industry with Shreyal Dhume.
The Polymerupdate daily petrochemical news and price assessments are based on in...
Today’s price changes in the global petrochemical industry with Shreyal Dhume.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on LinkedIn: https://www.linkedin.com/company/shal...
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
#Crudeoil #Polymernews #AsianMarketUpdate
https://wn.com/Open_Spec_Naphtha_Prices_Spike_In_Asia_On_Tuesday
Today’s price changes in the global petrochemical industry with Shreyal Dhume.
The Polymerupdate daily petrochemical news and price assessments are based on information gathered from a cross-section of the Industry, including from resin producers, processors, traders and distributors.
For further information visit: https://www.polymerupdate.com
Like us on Facebook : https://www.facebook.com/polymerupdate/
Follow us on LinkedIn: https://www.linkedin.com/company/shal...
Follow us on Twitter : https://twitter.com/POLYMERUPDATE
For business inquiries: info@polymerupdate.com
Polymerupdate TV : http://www.polymerupdate.tv/
#Crudeoil #Polymernews #AsianMarketUpdate
- published: 27 Apr 2022
- views: 1157