ExxonMobil pumps out hope

EXXONMOBIL has been marketing petroleum fuels and other refined products in the country since 1922.
Today, it accounts for about 35 per cent of the market.
Mobil Oil is a subsidiary of ExxonMobil Corporation.
It supplies and distributes a wide range of fuel products from terminals in Port Moresby, Lae and Madang and also provides fuel at retail sites throughout the country.
ExxonMobil Asia Pacific executive director for fuels Bruce Sutherland said they operate a network of 10 terminals, a branded retail service station, have numerous wholesale customers and reliably supply about two and half million barrels a year of fuels in the country.
“Most importantly, we employ about 500 Papua New Guineans and we contribute significantly in terms of annual expenditure and taxes to the local economy,” Sutherland said.
“Mobil Oil is proud to utilise our extensive supply chains across the region to make sure that we can support uninterrupted supply of fuel to the market.
“Our continuous commitment to growing and upgrading our facilities here is important when you consider PNG’s continued growth and what is needed to make sure we allow these industries to grow and benefit local economy.
“Mobil is excited about the growth opportunities here in Papua New Guinea and we’ll continue to fund the ongoing investments and these investments are required to meet PNG’s growing fuel demand.
“And to make sure the robust profound of resource and mining projects are appropriately supplied.
“We are committed to doing that reliably and making sure that we’ve got a succinct supply of refined fuel into the country.
“We will continue to partner with the Government to encourage and support sustainable development in the country.”
Mobil Oil opened its new diesel storage tank in Port Moresby on Tuesday, bringing the total number of tanks at its Idubada terminal to five.
Managing director Patrick Tang said they were excited with the additional tank and are looking forward for more to come.