Friday, July 30, 2010

Shell secures 14-year lease to LBT terminal at Westports

KUALA LUMPUR: Shell Malaysia Trading Sdn Bhd has signed a long-term sublease agreement with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products.

The 14-year agreement enables Shell to operate and manage liquid bulk cargo at Westports Liquid Bulk Terminal (LBT).

Products to be stored initially are diesel and petrol.

"Westports is proud to have one of the largest companies in the world operating at the Westports LBT terminal," said Westports' executive director Ruben Emir Gnanalingam in the statement released here, on Friday, July 30.

He added that Shell, emerging as a conventional client, certainly speaks volume of Westports' strength, especially its strategic location to attract leading industries to undertake commercial activities at the port.

The terminal spans 9.71 hectares and includes access to Westports' jetty that is medium range/long range vessel capable, cargo lines, fuel and chemical tanks and gantry facilities. ' Bernama


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