What is "petroseraya"

PetroSeraya Pte Ltd is a subsidiary of PowerSeraya Limited, established in April 2007. 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.