09 December 2009 10:13 [Source: ICIS news]
DUBAI (ICIS news)--Energy giant Shell is interested in the construction of a liquefied petroleum gas (LPG) terminal in Singapore, where its major petrochemical hub is located, said a company executive on Wednesday.
“We are actively looking at how we can make that work and I'm sure there are multiple roles that we can play in that sort of development,” said Shell Chemicals' executive vice president, Ben van Beurden, in an interview on the sidelines of the 4th Gulf Petrochemicals and Chemicals Association (GPCA) summit.
One possibility was that The Polyolefin Company of
“There's trading that you can do around it and there's demand congregation that could happen, so there are balls for us in all of that,” he added.
“An LPG terminal is one of the many options that the industry is considering, and we believe that any option that adds operational flexibility and contributes to ensuring competitiveness of the industry should be studied seriously,” the EDB added.
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