Shell has shortlisted at least four companies as bidders for its Singapore refinery assets according to a Reuters exclusive.

  • The shortlist includes CNOOC, Vitol and two Chinese chemical producers Eversun Holdings in Fujian province and Shandong province-based Befar Group.
  • Bids for the assets are due by the end of February and the process is aimed to be wrapped up by the end of 2024.
  • The assets include a 237,000 bpd refinery and a one million metric tpy ethylene plant on Singapore's Bukom island.

REFINING: Shell Shortlists Four Companies for Singapore Refining Assets

Last updated at:Dec-06 10:04By: Andrew Couper

Shell has shortlisted at least four companies as bidders for its Singapore refinery assets according to a Reuters exclusive.

  • The shortlist includes CNOOC, Vitol and two Chinese chemical producers Eversun Holdings in Fujian province and Shandong province-based Befar Group.
  • Bids for the assets are due by the end of February and the process is aimed to be wrapped up by the end of 2024.
  • The assets include a 237,000 bpd refinery and a one million metric tpy ethylene plant on Singapore's Bukom island.

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