Sembcorp Cogen obtains court order to secure gasoil stored at Hin Leong's terminal

Universal Terminal is also required to ensure the designated gasoil reserves are stored separately from any other gasoil

Vivienne Tay

Published Mon, Apr 27, 2020 · 09:50 PM

Hin Leong

Singapore

SEMBCORP Industries' (SCI's) wholly-owned power generation subsidiary Sembcorp Cogen has secured an order from the Singapore High Court to restrain Universal Terminal from moving, removing or disposing of any gasoil reserves designated for the subsidiary.

Under the court order obtained on April 24, the oil storage terminal - co-owned by debt-hit giant oil trader Hin Leong Trading (HLT) and located on Singapore's Jurong Island - is also required to ensure the designated gasoil reserves are stored separately from any other gasoil.