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  • Shell Oil Products to market two refineries in line with Downstream strategy
    édité le 12/03/2020 - Plus de news de "SHELL" - Voir la fiche entreprise de "SHELL"


Shell Oil Products to market two refineries in line with Downstream strategy
Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, announced it is marketing two of its refineries in the United States: Mobile, AL, and Puget Sound near Anacortes, WA.

The decision is consistent with the company’s previously disclosed plans to reshape its refining portfolio globally to leverage Shell’s natural strengths and integration opportunities. “We are refocusing our global presence in line with that of our customers, trading operations, and chemicals plants. This will result in a more valuable, integrated downstream business,” said Robin Mooldijk, EVP Manufacturing.

This process could take many months and may or may not result in a finalized sales transaction. Shell may elect to discontinue the marketing process for one or both assets at any time. If the marketing process does not result in a finalized sales transaction, Shell plans to continue operating the refineries.

“Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance,” said Mooldijk.

The U.S. Gulf Coast will remain a key manufacturing hub for Shell, along with Rotterdam and Singapore. Likewise, Shell will maintain its marketing presence and continue to honor branded wholesale agreements within both the West and Gulf Coast regions.

Notes:

Mobile is located near the U.S. Gulf Coast, at the north end of Mobile Bay. The refinery is designed to process approximately 90,000 barrels per day of crude oil producing LPG, Diesel fuel, Jet fuel and Gasoline. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. It has the optionality to run as a stand-alone refinery, to produce base oils or chemicals feedstock.

Puget Sound is located on March Point near Anacortes, WA, and is designed to process approximately 149,000 barrels per day of crude oil. Feedstocks primarily arrive from Alaska’s North Slope and central and western Canada, and the refinery produces multiple types of gasoline in addition to fuel oil, diesel fuel, propane, jet fuel, butane and petroleum coke. It also produces nonene and tetramer, which are chemicals used in a variety of plastic products.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.


Origine : Communiqué SHELL

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