Monday, June 18, 2007
INSTEAD of embarking on a full expansion of their processing plant, Pilipinas Shell Petroleum Corp. (PSPC), one of the oil giants operating in the country, has opted to upgrade its existing capacity.
“It is not in the same scale with that of an expanded refinery that they were looking at before. But they will have to upgrade the refinery. It will still be a multibillion-peso project however,” said Energy Secretary Raphael Lotilla.
Lotilla said the upgrading project was initially estimated to reach P15 billion and the study would be completed by September of this year.
“It will be a multibillion-peso investment or around P15 billion,” he said.
“The study they commissioned, instead of commissioning for a refinery expansion, they have refined that into a refinery upgrading study and I was told that it (study) will be available by the end of the third quarter of this year,” he added.
The Shell parent company Royal/Dutch Shell Plc. decided to postpone the expansion of its Tanbangao refinery in Batangas indefinitely due to the increase in the project cost.
Lotilla said the government is finding ways and measures to help Shell convince its parent company to reconsider and favorably decide on it (expansion project) to ensure its refinery facility will sustain its operations in the Philippines.
“But Shell’s expansion project will certainly come at the right time,” he added.
Local Shell officials have likewise been working to convince their principals to reconsider its decision in order for Shell to sustain its refining operations in the country.
Shell’s planned refinery expansion was previously estimated to cost around US$1 billion to US$3 billion.
Shell has a 137,000-bbl/d refinery, one of the largest foreign investments in the Philippines, and operates 1,000 Shell gas stations. Its market share is 33.3 percent. (MSN/Sunnex)
http://www.sunstar.com.ph/static/man/2007/06/18/bus/oil.firm.to.improve.refinery.html
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
