The improved facility will significantly increase diesel storage in Mackay, allowing improved import capability from refineries in Australia and the region, including Shell’s world scale refinery in Singapore.
Construction of the additional tankage will commence this year, and will be in service by 2012.
Marketing general manager Craig James said Queensland was a key growth market for Shell’s Australian business.
He said this enhanced facility will improve supply to Shell’s customers in North Queensland, especially a growing number of mining customers with operations in the Bowen Basin.
“The Mackay terminal investment is part of a much larger capital investment program to support Shell’s aggressive plans to grow its oil products business,” he said.
“Shell is working with key resource customers to meet their energy needs in a very competitive environment.
“Customers in the Bowen Basin run some very large and expensive equipment, and they need to make sure fuel supplies reach them on time every time.
“As a major player in Australia’s resource boom, Shell is uniquely placed to understand the challenges in this industry, and this initiative is a real world example of how our business is adapting.”
As a Queenslander Craig said many in the local community would be pleased to see investment in regional areas of the state, which would create construction jobs in the short term and support industry in the future.
Shell has operated in Australia for 110 years, and has Queensland terminals in Cairns, Townsville, Mackay, Gladstone and Brisbane. The company also supplies aviation fuel, marine fuel, lubricants, bitumen and chemicals in Queensland, as well as supplying fuel to 147 Shell branded service stations across the state.
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Contact: Paul Zennaro, Shell media hotline, 0417-007-344