Crude oil trading in singapore
SK trading international will crude oil trading in singapore the global market leader through ceaseless change and innovation. I would like to thank you all for your support and interest in SK trading international.
After its spun off inSKTI has shown fast growth while engaging in independent businesses all over the world. In order to become the top-tier global trading company equipped with differentiated competitiveness, SKTI will continue to drive change and innovation in the following ways. By leveraging such competitiveness, SKTI will create a new business model based on its global partnerships. SKTI will build a differentiated trading model and decision-making systems that are based on scientific data analysis and predictions.
These new methods, along with existing ones, will help SKTI in implementing changes down the road. To realize a corporate environment that encourages its members to successfully compete and grow on the global stage, SKTI will try its best to adopt market-friendly organizations, systems and cultures and will nurture its members as professionals.
I would like to ask for your continued support and interest. We will do everything we can to meet your expectations. SK trading international has directly entered global market to go beyond simple import and export fields. Furthermore, we are building a platform which can execute production, trading, and marketing in earnest. Product specification is becoming more diverse, due to environmental regulations. Also, the export market within the region is gradually contracting, due to increase of local sourcing in major import countries and exports from the China and India.
Against this backdrop, SK trading international has established a differentiated global trading business model based on advanced risk management techniques.
Going forward, SK trading international will broaden its business portfolio by expanding strategic partnerships, while also utilizing market dynamics in order to secure business competitiveness to grow into a global trading company. For example, it imports crude oil and exports petroleum products for SK energy and SK incheon petrochem, and also sources naphtha for SK global chemical.
Beyond simple importing and exporting, the company has established a branch in Dubai and 3 overseas subsidiaries in the Crude oil trading in singapore, Europe and Singapore, to engage in business development, trading and marketing. Based on these global networks, the company effectively manages the entire trading process from selecting the optimal oil type to contracting, shipping, and payment.
Gnb Go Subsidiaries Go. Recruit Talented personnel, HR system, recruits and more. Search Search Search Close. CEO Message SK trading international will become the global market leader through ceaseless change and innovation. SK trading international, the only energy trading company in Korea, will now become the top-tier global trading company equipped with differentiated competitiveness. SK crude oil trading in singapore Americas, Inc. Houston Purchasing American crude oil used in Korea and marketing petroleum products produced in Crude oil trading in singapore Local trading crude oil and crude oil trading in singapore products.
SK energy Europe, Ltd. SK energy International Pte. SK trading international Co.
The petroleum industry crude oil trading in singapore Singapore is accountable for part of the country's crude oil trading in singaporeexporting about 68, tonnes 67, long tons; 75, short tons of oil as of Singapore is dubbed "the undisputed oil hub in Asia ", with the country's oil industry responsible for five percent of the country's gross domestic product GDP.
The petroleum industry in Singapore dates back to Inthe country exported approximately The same year, the Crude oil trading in singapore government published a report titled Energy for Growthdescribing how the industry would be sustained. Jurong Island is where most of the country's oil industry's activities take place.
SNOC is in charge of the governance of the country's oil industry and protecting it. Singapore is described as "the undisputed oil hub in Asia". The oil industry is responsible for some five percent of the country's gross domestic product GDP. Technology used for oil refinement and trading centres in Singapore is on the cutting edge, and many well-established petroleum businesses, such as Exxon Mobil and Lanxessare based in Singapore, owing to the country's "safe environment" and ideal trading location.
As a global financial hub, Singapore provides for 25 per cent to 35 per cent of commodities trading in Asia, according to International Enterprise Singapore, a government agency. Singapore has not yet experienced supply disruption of oil. The country has its own reserves of oil, in case of such a crisis.
From Wikipedia, the free encyclopedia. Retrieved June 3, Oil and Gas" PDF. The World Fact Book. Check date values in: Institute of Southeast Asian Studies.