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Shell Successfully Completed Storage Facility At Machike: PSX

admin-augaf by admin-augaf
October 18, 2021
in Business, Finance
Reading Time: 2 mins read
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Shell Successfully Completed Storage Facility At Machike: PSX

Shell Successfully Completed Storage Facility At Machike: PSX

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Karachi October 18 2021: Shell Pakistan has successfully completed 10k storage tank at Machike Terminal.

Safely built in just 14 months during unprecedented Covid times it is an engineering feat which strenghtens the country's supply chain. Hats off to the entire team says company's Chief Financial Officer.


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Construction of storage capacity will allow company to utilize the White Oil Pipeline running from Karachi to Mehmood Kot, that transports diesel across the country and is being converted to multigrade, to enable motor gasoline transportation.

This will have significant impact on road safety by reducing primary movement of fuel by road. To achieve readiness for the multi-grade White Oil Pipeline, Shell Pakistan completed two pipelines at Sheikarpur and Machike installations, connecting both to Pak Arab Refinery Limited (PARCO) terminals for cross-country
pipeline transportation of motor gasoline.

In addition to machike storage tank, construction of large tank is also in process at Sheikarpur Installations to enhance shell motor gasoline storage capacity.


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Tags: BUSINESSfinancePakistanpakistan stock exchangePSXSBP
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