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2011 May 20   09:59

Shell buys Jebel Ali fuel tanks, starts bunker operations

Shell Marine Products has bought two fuel oil storage tanks with total capacity of 60,000 cubic metres at Jebel Ali in the United Arab Emirates, where it has launched bunker operations, the Royal Dutch Shell (RDSa.L) unit said on Thursday, Reuters reports.Jebel Ali, in the Middle East Gulf, is the largest container port in the Middle East and a major oil blending centre.

In addition to acquiring the tanks, the company said it has set up a 8,000-tonne bunker barge to deliver fuels and services.

"The strategic location of Jebel Ali Port, a fast-growing container port, puts Shell in an excellent position to support liners operating in the Middle East," Richard Jory, General Manager, Shell Markets Middle East Limited said in a statement.

In November, Shell Marine Products told Reuters it was looking to launch bunker operations in Jebel Ali and expand its marina fuel business in the Middle East over the next three to five years.

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