Shell to Sell Malaysian Refinery?

Screen Shot 2015-01-06 at 21.26.38From a Reuters article published Friday 9 Jan 2015 under the headline:

“Malaysia’s Shell Refining explores options in face of weak margins”

Jan 9 (Reuters) – Malaysia’s Shell Refining Company will explore options including the sale of its Port Dickson refinery or the conversion of operations to a storage terminal in the face of the poor outlook for refining margins, it said on Friday.

“The Board has concluded that refining margins are expected to remain depressed due to overcapacity in the global refining industry”…

FULL ARTICLE

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

One Comment

  1. Daniel Leong says:

    It makes a s lot of sense to turn it into a terminal. Products can come from Bukom into Malaysia and retail operations will not be affected.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.