Singapore delays rock cavern oil bids to Q2 vs Feb

Reuters, 27 Feb 2009, Jennifer Tan

SINGAPORE, Feb 27 (Reuters) - Singapore's state-owned industrial landlord JTC Corp said on Friday it will again delay the results of bids for the city-state's underground rock cavern oil storage project to the April-June quarter from this month.

JTC had said previously it would appoint the building contractor and operator for the Jurong Rock Cavern facility, located on offshore Jurong Island, by the end of February.

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