Shell Exit SG... We are 100% a True Financial Center liao... Hurray

[k1976]

https://www.plasticstoday.com/business/shell-seeks-exit-petrochemicals-singapore

 

[k1976]

As Shell proceeds with its Energy Transition initiative that will see it become more of a natural gas giant than an oil major, its petrochemical assets in Singapore have come under the spotlight, with talk of divestiture, “repurposing,” or even closure if a suitable buyer or buyers cannot be found.

 

[k1976]

The issues with petrochemical and plastics operations in Singapore, however, are the space restrictions and unfavorable wind patterns that give the city-state little scope to establish renewable energy resources such as wind and solar.

There had been talk of transmission of solar-generated electricity from Australia to Singapore over a distance of 2,800 miles, but the project collapsed. An exit from petrochemicals and plastics in Singapore, thus, appears to be the easiest solution.

 

[k1976]

Like that SG can truely focus of being a Financial Center, not distracted by Petrol Hub, Technology center nonsense ler

 

[laksaboy]

Rats deserting a sinking Sinkie ship.

 

[k1976]

Rats deserting a sinking Sinkie ship.

No lah.... Technology is a Sunset Industry, oil is also sunset industry lai de

 

[laksaboy]

As I've mentioned before, it's about time Jurong Island gets turned into another casino/beach resort.

I don't think Shell will want to operate in a geopolitically volatile area anyway,

 

[A Singaporean]

Sickipoora must be a Financial Centre in order to create good jobs for CECAs.

 

[k1976]

As I've mentioned before, it's about time Jurong Island gets turned into another casino/beach resort.

I don't think Shell will want to operate in a geopolitically volatile area anyway,

For a better Financial Center?

 

[k1976]

As I've mentioned before, it's about time Jurong Island gets turned into another casino/beach resort.

I don't think Shell will want to operate in a geopolitically volatile area anyway,

Northern Polar Trade Route... Hmmm maybe after 2030...will be another interesting game changer

https://www.google.com.sg/amp/s/hir...thern-sea-route-will-have-to-wait/amp/?espv=1

https://thediplomat.com/2022/12/amid-ukraine-war-russias-northern-sea-route-turns-east/

 

[blackmondy]

Financial centre my ass. Sinkieland is a financial scam centre.

 

[k1976]

Financial centre my ass. Sinkieland is a financial scam centre.

Cannot say like that, there was a fellow bro in our forum say so De woh

 

[batman1]

I thot SG is a money laundering hub.

 

[blackmondy]

I thot SG is a money laundering hub.

Of course it isban that's why the demand for private bankers is high, because those money cannot be seen in public.

 

[k1976]

Got any wealth twickling down effect for HDBeee Hardlanders?

 

[batman1]

Got any wealth twickling down effect for HDBeee Hardlanders?

Have, u wait long long.

 

[Hypocrite-The]

If the refinery closes, where will our neighbours get their petrol, aviation fuel etc? The refinery is the most advanced in SEA...and please don't believe the hype that fossil fuels won't be needed etc

 

[Patriotmissile]

Petrochemicals are still very important in many aspects just that the margins are now unattractive.

 

[Hypocrite-The]

Petrochemicals are still very important in many aspects just that the margins are now unattractive.

The whole world need petroleum

 

[congo9]

If the refinery closes, where will our neighbours get their petrol, aviation fuel etc? The refinery is the most advanced in SEA...and please don't believe the hype that fossil fuels won't be needed etc

Yes，true