127 views
Photo by Timothy Newman for Unsplash

Shell cuts crude oil imports after extending mooring repairs: report

Its Pulau Bukom refinery received only 3 million barrels in May.

Shell reduced the crude oil import at its refinery in Pulau Bukom in May after extending repairs at its single buoy mooring (SBM) facility to June, reports Reuters.

The overhaul of the facility began in February.

The company now reportedly uses ship-to-ship transfers to move the imported crude oil from its Very Large Crude Carriers (VLCCs) onto smaller Aframax tankers, before discharging them at another jetty on the southern Singapore island. The transfers add to the company's transportation cost.

READ MORE: MPA, Shell partner for maritime decarbonisation efforts

The SDM repairs decreased the volume of crude oil imports to Pulau Bukom to 3 million barrels this month from 7.65 million. Shipments also dropped to 3.2 million barrels from 6.9 million.

Read more from Reuters.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Singapore Business Review
The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.
Agribusiness
Lorem Ipsum 2
Contrary to popular belief, Lorem Ipsum is not simply random text.