The Aporia
Pandey, P. (2026, October 26). Saudi Arabia’s Singapore plan: How Riyadh aims to protect Asian oil supplies from 2027. Times of India. https://timesofindia.indiatimes.com/world/middle-east/saudi-arabias-singapore-plan-riyadh-eyes-oil-storage-hub-from-2027-amid-hormuz-disruption/articleshow/135202643.cms
Pandey, Pranjal. “Saudi Arabia’s Singapore plan: How Riyadh aims to protect Asian oil supplies from 2027.” Times of India, 26 Oct. 2026, https://timesofindia.indiatimes.com/world/middle-east/saudi-arabias-singapore-plan-riyadh-eyes-oil-storage-hub-from-2027-amid-hormuz-disruption/articleshow/135202643.cms.
Pandey, Pranjal. “Saudi Arabia’s Singapore plan: How Riyadh aims to protect Asian oil supplies from 2027.” Times of India, October 26, 2026. https://timesofindia.indiatimes.com/world/middle-east/saudi-arabias-singapore-plan-riyadh-eyes-oil-storage-hub-from-2027-amid-hormuz-disruption/articleshow/135202643.cms.
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Saudi Arabia and Singapore have announced plans to store Saudi crude oil in the Jurong Rock Caverns facility in Singapore starting from the second half of 2027. This move is aimed at bolstering energy supply security in Southeast Asia, particularly following disruptions caused by the US-Iran war in the Strait of Hormuz. Prior to the conflict, nearly two-thirds of Asia's imported oil came from the Middle East. The arrangement will enhance Saudi Arabia’s crude oil supply chain resilience and improve Singapore's readiness for potential future disruptions. At a conference on Monday during the Singapore International Energy Week, Tan See Leng, Singapore's energy minister, stated that this joint initiative would also strengthen both countries' strategic partnership in the energy sector. Negotiations between Saudi Aramco and Singapore’s regulatory bodies are expected to conclude within several months.