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Asian Viewpoints

Shell constructs additional crude oil tanks at Singapore Bukom refinery

Royal Dutch shell plc of Singapore had constructed two additional crude oil tanks at its 500,000 barrels per day Bukom refinery off the southern shore of Singapore in June. The company expects that oil products demand is likely to increase globally in the next 20 years, and aims to strengthen its flexibility in oil trading by investing in tank storage and logistics facilities not only in Singapore but also in Rotterdam and the US Gulf.

 

Shell's storage capability increases by around 1.3 mil barrels with this expansion. Furthermore, adopting automatic welding technology, welding time has been shortened by 60 compared to before, leading to cost reduction.

 

Singapore : Energy Desk  Satoshi Hagimoto   +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.