Tank space in the city-state is being snapped up due to a rise in interest and profits from mixing cheap fuel supplies from Russia with shipments from other sources, according to an executive from a tank operator and a consultant who advises traders on the matter. This process can help to obscure the cargoes’ origins, they said.
Singapore has not banned the import of Russian oil or petroleum products, although financial institutions based in the country are prohibited from financing or dealing with Russian goods and companies. Singapore government agencies referred to past statements on the ban and price cap policy, without additional comments."
https://www.straitstimes.com/business/tr...20comments.
Unscrupulous:
Singapore imposed sanction on Russia yet, it's free for traders .
Who are the owners of these oil traders and oil storage tanks?
Singapore abides by International Law and rule of law
Singapore based on Principles
(04-02-2025, 08:17 AM)Scythian Wrote: [ -> ]Unscrupulous:
Singapore imposed sanction on Russia yet, it's free for traders .
Who are the owners of these oil traders and oil storage tanks?
Singapore abides by International Law and rule of law
Singapore based on Principles
Australia only use freedom oil ?
(04-02-2025, 08:24 AM)Niubee Wrote: [ -> ]Australia only use freedom oil ?
Singapore very oily and extremely slippery
"Oil storage firms and traders operating in the Singapore Strait are reporting a rise in fuel suppliers blending and re-exporting Russian fuel, despite the European Union (EU) and Group of Seven nations’ designation of sanctions on fuel to economically pressure Moscow into ceasing its military aggression against Ukraine. Current sanctions include a ban on the use of Western-supplied maritime insurance, finance, and brokering for Russian crude oil priced above the cap at $60 per barrel. The reported rise in the re-export of oil with concealed origins was signaled by an increased demand for oil storage within Singapore, with the cost of a six-month lease for Singapore fuel oil or crude oil storage rising by as much as 17 to 20 percent over the previous year.
Ship-tracking data from Vortexa showed that Singaporean oil-receiving terminals took in over double the volume of Russian naphtha—a light crude oil used to break down heavier crude oils—and fuel oil in December 2022 than they did in December 2021."
https://www.csis.org/blogs/new-perspecti...ber%202021.
Sg is trading nation. Good in business and never FOMO.
Ownself sanction ownself profit
(04-02-2025, 08:36 AM)Niubee Wrote: [ -> ]Sg is trading nation. Good in business and never FOMO.
Cheating
"
掛羊頭賣狗肉"
Singapore based on Principles
(04-02-2025, 09:17 AM)Scythian Wrote: [ -> ]Cheating
"掛羊頭賣狗肉"
Singapore based on Principles
Australia send weapons and supported Gaza genocide. Pariah
(04-02-2025, 09:51 AM)Niubee Wrote: [ -> ]Australia send weapons and supported Gaza genocide. Pariah
Based on Principles
Australia starts evacuating nationals from Lebanon via Cyprus
While some Aussies fighting for Lebanon
Some Aussies are fighting for Ukraine
(04-02-2025, 11:33 AM)Scythian Wrote: [ -> ]Based on Principles
Australia starts evacuating nationals from Lebanon via Cyprus
While some Aussies fighting for Lebanon
Some Aussies are fighting for Ukraine
Warped brain. America instructions as International Laws ?
No wonder u ran to Aust and badmouth SG daily. Typical white cok sucker.
(04-02-2025, 11:57 AM)Niubee Wrote: [ -> ]Warped brain. America instructions as International Laws ?
No wonder u ran to Aust and badmouth SG daily. Typical white cok sucker.
No wonder so many Singaporeans died on cancers
Relax and take it easy ..
(04-02-2025, 08:17 AM)Scythian Wrote: [ -> ]Unscrupulous:
Singapore imposed sanction on Russia yet, it's free for traders .
Who are the owners of these oil traders and oil storage tanks?
Singapore abides by International Law and rule of law
Singapore based on Principles
Unethical, No risk and guaranteed profits
Except being labelled "掛羊頭賣狗肉"
Can list the international laws being broken ?
These are called "jobbers"
They are not traders
They know what's bucket shops mean
(04-02-2025, 12:32 PM)Niubee Wrote: [ -> ]Can list the international laws being broken ?
Its for central bank to take care of such violation of the country's sanction on Russia..
The Commodity Trading Act 1992 (CTA) regulates “spot commodity trading"
(04-02-2025, 12:52 PM)Scythian Wrote: [ -> ]Its for central bank to take care of such violation of the country's sanction on Russia..
The Commodity Trading Act 1992 (CTA) regulates “spot commodity trading"
They why u kaypoh and put judgement?
In 2022, PM Lee oversaw the government response to the Russian invasion of Ukraine, making Singapore the only Southeast Asian country to impose sanctions on Russia.
(04-02-2025, 01:20 PM)Niubee Wrote: [ -> ]They why u kaypoh and put judgement?
You always on my heal leaving me short of air
(04-02-2025, 01:22 PM)Scythian Wrote: [ -> ]In 2022, PM Lee oversaw the government response to the Russian invasion of Ukraine, making Singapore the only Southeast Asian country to impose sanctions on Russia.
(04-02-2025, 02:09 PM)Scythian Wrote: [ -> ]You always on my heal leaving me short of air
Talk is easy
(04-02-2025, 03:00 PM)Niubee Wrote: [ -> ]Talk is easy
There's danger of the state not taking any actions against those oil traders in violation against states sanction on Russia.
(04-02-2025, 03:32 PM)Scythian Wrote: [ -> ]There's danger of the state not taking any actions against those oil traders in violation against states sanction on Russia.
Matter is alr on newspaper. Rest in peace..
Cannot be cannot be...
Must ban the Russia oil else need some advice who ish SURE notch happy about this lololololol....
Imposed restrictions on Banks, financial institutions, insurance etc..
"Entering into financial transactions or providing financial assistance or services in relation to the export from, transhipment in or transit through, Singapore or any other jurisdiction of goods subject to Singapore’s export controls on Russia;"
https://www.mfa.gov.sg/Newsroom/Press-St...0Russia%3B
(05-02-2025, 12:05 AM)Scythian Wrote: [ -> ]Imposed restrictions on Banks, financial institutions, insurance etc..
"Entering into financial transactions or providing financial assistance or services in relation to the export from, transhipment in or transit through, Singapore or any other jurisdiction of goods subject to Singapore’s export controls on Russia;"
https://www.mfa.gov.sg/Newsroom/Press-St...0Russia%3B
SG sanctions on Russia is like " close one eye " Partly I go value shop happen to buy Nestle coffee epic from Russia. If SG sanction Russia means those business owners cannot import any Goods made , manufacture from Russia liao.
(05-02-2025, 12:38 AM)[[ForeverAlone]] Wrote: [ -> ]SG sanctions on Russia is like " close one eye " Partly I go value shop happen to buy Nestle coffee epic from Russia. If SG sanction Russia means those business owners cannot import any Goods made , manufacture from Russia liao.
https://www.sbs.com.au/language/russian/.../i3xwpeswq
(05-02-2025, 12:38 AM)[[ForeverAlone]] Wrote: [ -> ]SG sanctions on Russia is like " close one eye " Partly I go value shop happen to buy Nestle coffee epic from Russia. If SG sanction Russia means those business owners cannot import any Goods made , manufacture from Russia liao.
Yes. "close one eye"
Stores can import Nestle coffee from Russia as long as it bypassed (or avoided) the Banking and financial institutions system. Its Ok if the owners paying for it .
Notice, it's not so straight forward written sanctions. Thus, it allows financing of Russian goods, transhipment etc from other sources rather than those stipulated - A loophole for privately funded to contravene the imposed sanction and not penalized.
(05-02-2025, 12:38 AM)[[ForeverAlone]] Wrote: [ -> ]SG sanctions on Russia is like " close one eye " Partly I go value shop happen to buy Nestle coffee epic from Russia. If SG sanction Russia means those business owners cannot import any Goods made , manufacture from Russia liao.
Its only wasting everyone's time
In reality, imposed sanction come to null and void
![[Image: 495282-Winston-Churchill-Quote-We-have-n...asting.jpg]](https://i.ibb.co/V03fYtt4/495282-Winston-Churchill-Quote-We-have-no-lasting-friends-no-lasting.jpg)
It's thru a 3rd party