Jurong Rock Cavern(JRC)  is an innovative initiative driven by JTC to increase underground oil storage capacity on Jurong Island. JRC will comprise an oil storage complex to be built at subterranean depths beneath the seabed of Banyan Basin. Upon completion, the underground caverns will have a potential storage capacity of close to 3 million cubic metres catering specifically to liquid hydrocarbons like crude oil, condensates and diesel oil.

Development works for Phase 1 of JRC, with a storage capacity of about 1.5 million cubic metres, had commenced at the end of 2006. JTC is currently appointing an operator to manage, operate and maintain the JRC facility. JRC is a milestone project for JTC and marks the next phase in the evolution of Singapore’s petroleum and chemicals industry.

The first contract of the Phase 1 Jurong Rock Cavern (JRC) project involving the construction of two access shafts and start-up galleries is near completion.  JTC is progressing onto the next critical milestone of the JRC project -- the construction of tunnels, caverns and associated facilities.  The tender has been awarded to M/s Hyundai Engineering & Construction Co Ltd on 15 April 2009.

Works will now commence with the detailed design of the caverns/facilities and actual construction is expected to start by end of the year. When completed, the JRC will have an overall storage capacity of 1.47mil cubic metres. The whole project will be completed in stages, with the 1st 2 caverns targeted for completion in 2013.