Singapore set to be world's eighth-largest fuel importer in ten years: report

The republic will overtake Spain.

Singapore will be the world's eighth-largest importer of fuel by 2024, according to a report by BMI Research.

The republic imported 1.2m barrels of fuel per day in 2014, and this is forecasted to grow to 1.24m barrels per day in 2024.

Singapore is currently the world's ninth-largest fuel importer. By 2024, the city-state will overtake Spain, which is currently the world's eighth-largest importer.

“The largest importers in Asia - China, South Korea, Japan, India and Singapore - will see crude imports grow by an average of 13.6% over the 10-year forecast period. This contrasts to an average 12.9% decline among the largest importers in Europe - Germany, Italy, Spain and France. France records the deepest decline at 33.4%, ceding tenth position to the Netherlands in 2019,” said the report.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia