Shell’s lengthy historical past with Singapore will be traced again to 1891. At the time, the offshore island of Pulau Bukom was used to retailer kerosene for M. Samuel & Co. of London, which was importing kerosene in bulk from Russia for distribution in Asia. Enlisting the assistance of native company home Syme & Co., Samuel arrange and ran a petroleum tank depot – the primary of its form within the East – on Pulau Bukom. In 1897, the corporate expanded into Borneo below a brand new firm, the Shell Transport and Trading Co., and included the Bukom depot on this enterprise. In 1907, Shell merged with its Dutch competitor, the Royal Dutch Petroleum Company, to type Royal Dutch Shell, which went on to develop into a petroleum big within the Far East in the course of the inter-war years. Shell’s Far Eastern tankers, which have been used to load oil from oil centres in Singapore, British Borneo and Indonesia, have been administered by way of Shell in Singapore, which additionally managed the reception, storage, mixing and reshipment of oil from Pulau Bukom. A neighborhood fleet of tankers was additionally primarily based in and operated from Singapore to cowl oil provides for Malaya, British Borneo, Indonesia, Thailand and Indo-China.
In November 1959, Shell introduced plans to begin a refinery within the Federation of Malaya. Singapore was finally chosen as the positioning for the brand new refinery because the island was then already the most important oil storage, mixing, packing and bunkering base in Southeast Asia, and among the many largest on the earth. In addition, Singapore provided beneficiant tax incentives to draw new enterprises and encourage current ones to develop in Singapore. The $30-million refinery situated in Bukom was formally opened by then Finance Minister Goh Keng Swee on 26 July 1961. Shell strengthened its presence in Pulau Bukom when it constructed a $20-million complete residential complicated at Timor Pulau Bukom Shell drew most of its labour from the menfolk who have been residing on close by Pulau Seking earlier than the redevelopment of the island.
The Bukom refinery is at the moment Shell’s largest refinery globally when it comes to crude distillation capability, producing 500,000 barrels per day. A serious hearth, which broke out on the refinery on 28 September 2011, resulted in Shell shutting down its total refinery. The refinery restarted partial operations in October and returned to full manufacturing by December.
(Source: History SG – Image: Pulau Bukom Shell terminal in 1962/Singas)
The publish JULY 1961 – SHELL OPENS SINGAPORE’S FIRST OIL REFINERY IN PULAU BUKOM appeared first on Energy Global News.