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Vopak-led group to run 1st phase of Jurong Rock Cavern

Thursday, January 16, 2014 - 06:00

[SINGAPORE] After a vigorous two-stage selection process which took as many years, a Vopak-led consortium has won a 15-year deal, worth about $200 million, from JTC Corporation to run the $890 million first phase of the Jurong Rock Cavern (JRC). The operatorship award for the underground oil/