Well.This is well known that every day,SG imports about 1 million
barrel of oil (bpd).But no body tell u that most of our chemical
and petrol products are for exports.SG is no.1 bunkering (fuel
for ships) in the world and a major aviation fuel exporter!!
I think SG consume abt 250,000 bpd only for local cunsumption.
2.If MM Lee is true,then Japan and oz are not our best friends...
ppphttp://www.singaporelawwatch.sg/remweb/legal/ln2/rss/legalnews/64452.html?utm_source=rss%20subscription&utm_medium=rss
IP rights, rule of law our competitive edge: MM Lee
[2009] 20 Oct_BT
Title: IP rights, rule of law our competitive edge: MM Lee Source: Business Times Author: Chew Xiang
Legal News Archive
(SINGAPORE) Singapore's protection of intellectual property and rule of law will - at least for the time being - keep it ahead of the Chinese dragon, Minister Mentor Lee Kuan Yew said last night.
Speaking at a dialogue with university students held at the National University of Singapore, Mr Lee said China, India, and possibly Brazil and Russia, were creating a new world order and that it would not be easy for Singapore to survive.
In the wide-ranging, hour-long discussion, Mr Lee also noted that Singapore will resist pressure from Japan and Australia to commit to firm cuts in emissions during the coming climate change talks in Copenhagen.
'If we have to make such firm commitments to cut down ... then our growth will slow down, which I think is unfair to us,' Mr Lee said.
'They say that our emissions per capita is one of the highest in the world,' Mr Lee said. 'But that includes bunkering, aviation fuel, which is not all for Singapore Airlines, bunkering which is not all just for NOL or APL.
'We use as much gas as is available for our power stations but the Japanese and the Australians want to upgrade us into Category One where we have to make firm commitments (to cutting emissions).'
He said that most of the goods produced here were for export, not domestic consumption. 'We are going to resist that. The Australians want us brought to Category One so that we have to slow down economic growth and the Japanese think so too.
'We'll see. But we have prepared all our arguments and it's not possible to just treat us like an ordinary country.'................
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