Talking Re: Ass Loong's Sister's RECTUM RUPTURED!!! HUAT AH!
2009 is a year of good news!
Indeed more GOODYEARS!
2009 is a year of good news!
Indeed more GOODYEARS!
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Shell may move refinery to Indonesia: V-P Jusuf
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->ROYAL Dutch Shell is considering moving its oil processing operations to Indonesia from Singapore, said Indonesian Vice-President Jusuf Kalla.
'In a meeting over dinner, Shell has expressed its readiness for it,' he said after visiting the port in Rotterdam, according to a recent Antara report.
He said this after meeting Dutch Prime Minister Jan Peter Balkenender, who told him Shell wished to take part in the tender for an oil field in the Natuna Sea.
The Indonesian news agency said no decision had been made on it but Mr Jusuf said four companies - Exxon from the United States, Shell from the Netherlands and other companies from Europe and China - are on the list to compete for the project.
According to Antara, Mr Jusuf said the Indonesian government had asked the company to run the upstream business as well as oil refinement in the country given that it is already operating downstream business through its gas stations.
The head of the Capital Investment Coordinating Board, Mr M. Lutfi, said that Shell's chances would be better if it was willing to move its oil refining operations in Singapore to Indonesia.
He suggested the Batam and Bintan free trade zones, which were only 20km from Singapore, as possible locations for the operations, Antara reported.
'If Shell would accept the offer, I believe it would have a better position and added value than the others,' he said.
When asked if Shell has any plans to relocate its refinery business, a spokesman in Singapore said: 'Officially, we do not comment on speculation.
'Indonesia is a very important country. Shell has a growing downstream business in Indonesia and continues to look for opportunities to expand our business activities, including in the upstream and in partnership with Pertamina.'
Shell has a huge presence in Singapore. It has been in Singapore since 1961 when it set up the first oil refinery on Bukom.
Shell Singapore also undertakes international trading of oil and petrochemical products and is a key hub of Shell Trading's global trading network. <!-- end of for each --><!-- Current Ratings : start --><!-- Current Ratings : end --><!-- vbbintegration : start --><!-- vbbintegration : end --><!-- dennis change request 20070424 : start --><!---Google ad - Start : Thu, 12 Feb 2009 09:22:40:395---><!-- AdSpace STI Google ad tag --><SCRIPT language=JavaScript1.1 src="http://ads.asia1.com.sg/js.ng/site=tsti&pagepos=20&size=10X10"> </SCRIPT>