Trade of crude oil in Singapore is the backbone of the country’s economy. Singapore is called as the “oil hub of Asia” and the oil industry is responsible for 5 % of the country’s gross domestic product (GDP).Technology used for oil refinement and commerce centres in Singapore is on the leading edge, and plenty of well-established crude oil businesses, like Exxon Mobil and Lanxess are based in Singapore due to the country’s “safe environment” and ideal commerce location.
One of the biggest and well known Oil and Gas Companies in Singapore is Kernel Oil, which is Widodo Ratanachaithong’s establishment. The company finds itself at a secure state since there’s less or nearly zero risk of anyone taking a lead over Kernel Oil. The company produces the mandatory energy for the planet market, particularly for the national company. Kernel core activity is the commerce of fossil oil and its derivatives. The company handles varied product of fossil oil derived from the region, the Persian Gulf, the Mediterranean and geographic area. Its products are the hydrocarbon residue, petrol, gas, fuel oil, high speed diesel, naphtha.
The corporate conjointly provides organic compound product, like gas, Polytam, benzene, sublimate terephthalic acid, up to paraxylene and different chemical product. Kernel Oil conjointly produces gas, like liquefied crude oil gas, ethane, and organic compound solvent and atmospheric phenomenon.
For non-fuel product, together with wax, slack wax, solvents, green coke, calcined coke, significant aromate, and sulphur. Long goal Kernel Oil is changing into a number one company of the energy offer chain, by upholding the values of integrity, honesty, knowledge, and talents. Kernel Oil is attempting to make a powerful name within the international market, expand client network, whereas maintaining a decent relationship with purchasers