Mobil commissions 3.5mil-litre fuel storage tank

Business
tank at Idubaba, Port Moresby yesterday. Inset: The K10 million tank has a 3.5 million-litre fuel storage capacity. – Pictures supplied

Mobil Oil New Guinea Limited has commissioned a new 3.5 million-litre motor fuel storage tank at its Idubada Terminal in Port Moresby – enough volume to fill the tanks of 55,000-plus vehicles in the country today, an official says.
ExxonMobil PNG chairman and managing director Tera Sandro said: “Expanding our business and upgrading our facilities indirectly supports the growth of Papua New Guinea’s economy by enabling other industries and businesses to grow and evolve through reliable access to the fuel products they need to operate.”
Petroleum Minister Jimmy Maladina commended Mobil Oil New Guinea and its parent company ExxonMobil for increasing the import of fuel over the past year.
“When things were at their darkest, ExxonMobil landed additional cargoes from its Singapore refinery and from ports around the Pacific here in PNG to keep our lives, businesses and economy moving,’’ he said.
In the past five years, Mobil Oil New Guinea has invested around K40 million into its people, processes, and facilities to enhance its business meets the growing fuel demand.
Mabel Leung, Mobil Oil Asia Pacific fuel sales manager, said: “Mobile’s continuous commitment to growing and upgrading its network of terminals, branded retail service stations and wholesale customers, strengthens a system that enable us to supply almost 400 million litres of fuel across Papua New Guinea each year.’’ ExxonMobil has been marketing petroleum fuels and other refined products in Papua New Guinea since 1922.
Mobil Oil New Guinea supplies and distributes a range of fuel products from terminals in Port Moresby, Lae and Madang.
The company also provides fuel supplies at retail sites, providing service to motorists throughout the country.