SPC holds a 50% interest in Singapore Refining Company Private Limited (SRC), which has a nameplate crude oil processing capacity of 290,000 barrels per day.
SPC’s primary refining business encompasses the production and supply of quality refined fuel products from SRC through a regional and international network and established distribution in Singapore and within Jurong Island. Such seamless synergy is achieved through the close rapport between SPC and SRC in coordinating and planning the production and operations, and running the refinery in a safe and reliable manner with minimal disruption.
One of Refining’s strategic goals for SRC to achieve long term competitiveness is by continuously upgrading SRC to a more complex configuration. There are also many in-house and strategic projects planned which are important to sustain SRC operations. These projects focus on safety and reliability, compliance, sustainability and replacement. One of the recent notable capital projects in SRC is the Mogas Clean Fuels and Cogeneration Plant Project, which is expected to complete by 2017.
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