Singapore, Malaysia, Thailand Oil and Gas News Update Jan 2014

• Samsung to build $770m Malaysia gas facility – Samsung Engineering has signed a contract in Malaysia for a large-scale gas terminal worth about US$770 million.
• Singapore Imports of Base Oil from USA comprises 21% of its total imports during October 2013.
• Bright Stock Singapore Base Oil FOB price increase by USD 5 PMT in December 2013 as compared to previous month price.
• Base Oil Exports of Thailand comprises 61% to Singapore of its total exports during the period Jan 2013 – October 2013.