S'pore confident of long-term prospects for oil & gas industry: Iswaran

Singapore

SHORT-TERM oil price volatility may not hamper the oil-and-gas industry for too long as the Singapore government continues to invest in the sector here.

Second Minister for Trade and Industry S Iswaran on Tuesday reassured participants at one of Asia's largest oil-and-gas conventions that they have little to worry about despite the recent oil price drop sending markets in the region into disarray.