9/3/2014 3:56:57 PM
|written By : Team India Se|
The first commercial underground rock cavern storage facility for liquid hydrocarbons in South-east Asia was inaugurated yesterday by Singapore’s Prime Minister Lee Hsein Loong.
This is expected to support the country’s petrochemical industry. Speaking at the opening, Prime Minister Lee Hsien Loong said that with this experience, the Government is considering more subterranean projects. This includes building an underground science city, an underground warehousing and logistics facility, and potential underground caverns near CleanTech Park in Jurong.
The S$950-million dollar Jurong Rock Caverns took six years of planning, and another eight years of construction. It will be used to store liquid hydrocarbons such as crude oil and condensate.