Located underneath the Banyan Basin, off Jurong Island on the western coast of Singapore, it’s a heavy industrial area with military-grade security. Looking around one sees oil rigs being built and oil refinery and storage facilities everywhere; heavy trucks roar and rattle past.
Within the next two years, the JRC will be completed. It will then be filled with about nine million barrels of crude oil and other petro products, making it the first oil storage cavern in southeast Asia. Full story
