Singapore’s base oils imports rose in August to the second-highest level in seventeen months on a rebound in shipments from less regular sources.Total imports of 79,700t in August rose from 55,670t the previous month, government data showed.The volume rose by 19pc and for the third time in four months from year-earlier levels.The rise in shipments lifted total imports to 516,000t in the first eight months of the year, up from 489,500t during the same period last year.Imports rose from typical levels of around 63,000 t/month as more supplies arrived from the Netherlands.A wave of shipments from the European country had moved to Singapore late last year and early this year ahead of scheduled plant maintenance work in Singapore.Shipments then paused for four months to June.Singapore’s imports got a further boost from the arrival of more than 11,700t of base oils from Hong-Kong.The city is a key destination and distribution point for gas-to-liquids (GTL) base oils from Qatar.The shipments that moved to Singapore likely included GTL supplies..Spore’s weekly imports include Russia cargo
Singapore’s base oils imports rose in August to the second-highest level in seventeen months on a rebound in shipments from less regular sources.Total imports of 79,700t in August rose from 55,670t the previous month, government data showed.The volume rose by 19pc and for the third time in four months from year-earlier levels.The rise in shipments lifted total imports to 516,000t in the first eight months of the year, up from 489,500t during the same period last year.Imports rose from typical levels of around 63,000 t/month as more supplies arrived from the Netherlands.A wave of shipments from the European country had moved to Singapore late last year and early this year ahead of scheduled plant maintenance work in Singapore.Shipments then paused for four months to June.Singapore’s imports got a further boost from the arrival of more than 11,700t of base oils from Hong-Kong.The city is a key destination and distribution point for gas-to-liquids (GTL) base oils from Qatar.The shipments that moved to Singapore likely included GTL supplies..Spore’s weekly imports include Russia cargo