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PetroSeraya

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PetroSeraya Pte Ltd is a subsidiary of PowerSeraya Limited, established in April 2007.[1] Its establishment forms part of PowerSeraya's diversification strategy to move into the non-regulated business and complements its core business of energy wholesaling and retailing.

PetroSeraya plays a key role in managing PowerSeraya's fuel purchases – which form a significant component in the generation cost – as well as optimising the parent company's existing fuel management assets, such as tanks and jetties.

References

  1. ^ "Erica Tay 23-Aug-2007". Archived from the original on 2012-02-18. Retrieved 2009-04-24.