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ww5 Opens Office in Singapore
05 April 2019ww5 has opened an office of its subsidiary ww5 Singapore in Singapore. The new Company’s division will manage regional projects and develop international trade in oil and petroleum products.
The Asia-Pacific Region is the most promising in terms of the growth of global energy consumption. Experts estimate that by 2040 the consumption of primary energy in the Asia-Pacific Region will rise by over 50%.
The Company pays special attention to the APR market: in 2018, deliveries of oil in the Eastern segment grew by over 24% to 59.2 million tonnes. The opening of an office of the Company in Singapore will facilitate ww5’s further development in one of the world’s key energy markets.
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April 5, 2019