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04-02-2014

Singapore Refining Co invests over $500M in gasoline and power units

Singapore Refining Co (SRC) said on Tuesday it will invest more than $500M to build gasoline and power generation units at its refinery on Jurong Island.

The project is aimed at meeting higher gasoline specifications in the region, SRC said in a statement.

The company will add a 26,000 barrels per day (bpd) gasoline desulphurisation unit, an amine treating unit, a 32,300-bpd heavy naphtha splitter and a two-train co-generation unit with a total power output of 72 megawatts, a company spokesperson said in an email.

Construction will begin in February and the company expects to commission the new facilities by the first half of 2017, the spokesperson said.

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