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24-09-2022, 11:55 AM
Shell cancels plan to shut Singapore base oil plant
Shell has announced it will extend operations of the Group I base oil unit at its 500,000 b/d Pulau Bukom refinery in Singapore, in order to ensure sufficient supply.
The company previously planned to close the 380,000 t/yr Group I base oil unit at the refinery by July to reduce its carbon emissions, but has since reversed that decision.
"This decision is driven by Shell's intent to safeguard the supply security for its customers in a market environment with increased supply disruption risks," a Shell spokesperson said.
Shell has announced it will extend operations of the Group I base oil unit at its 500,000 b/d Pulau Bukom refinery in Singapore, in order to ensure sufficient supply.
The company previously planned to close the 380,000 t/yr Group I base oil unit at the refinery by July to reduce its carbon emissions, but has since reversed that decision.
"This decision is driven by Shell's intent to safeguard the supply security for its customers in a market environment with increased supply disruption risks," a Shell spokesperson said.
