CAGAYAN DE ORO – Power, energy and gas technology leader Pilipinas Shell Petroleum Corporation (PSPC) today inaugurates its 90-million-liter capacity North Mindanao Import Facility (NMIF) strategically located at the port of Cagayan De Oro city. It is the first Shell terminal in the Philippines that is equipped to receive a medium range (MR) vessel.
The NMIF will cater to the growing power and energy needs of millions of residents, motorists, and consumers in Visayas and Mindanao.
“NMIF contributes to increased security of energy supply in the Vis-Min region as it provides additional storage capacity of finished petroleum products and a new source point of fuels that can be distributed to surrounding depots and customers,” says Shell companies in the Philippines chairman Edgar O. Chua.
The NMIF also forms part of Shell’s commitment to support the directives of the Department of Energy (DOE) under the Philippine Development Plan 2011–2016, which are to promote development and upgrade the downstream infrastructure, and to update the country’s oil supply contingency plan through the establishment of oil stockpile.
Signalling its completion, the NMIF successfully received its first MR vessel on June 10 and admitted approximately 25 million liters of automotive diesel oil that filled two of the four diesel storage tanks of the facility. Subsequently, NMIF delivered further milestone activities such as wet commissioning of the MOGAS tanks and replenishment of the existing terminal using tank-to-tank transfer, leading to its inauguration today.
“Pilipinas Shell Petroleum Corporation is one of the major investors in Mindanao. The construction of this facility, which began in 2014, establishes Shell’s commitment to support the projected growth of the Vis-Min region. The inauguration of NMIF today is the result of the close collaboration between the City of Cagayan de Oro, the Philippine Ports Authority, Pilipinas Shell and its business partners,” added Dennis Gamab, PSPC vice president for trading and supply.
The construction and operation of the import facility is one of Shell’s responses to meet the increasing energy demand and supply challenges—delivering smarter infrastructure, smarter products and cleaner energy, promoting sustainable mobility and developing new energy sources. These innovative methods address the energy challenge while mitigating environmental impact.
At the same time, the NMIF will help reduce maritime risks as the source of petroleum products is closer to the intended distribution points.
As a responsible member of the community, Shell embarks on various Social Performance programs to address the needs of the community in terms of safety, health, livelihood, environment and disaster resiliency. Shell will formally turnover its social development projects to the community as part of the inauguration event.