Shell started operations in Gibraltar in 1923 and the business developed over more than 80 years.
In 2019, Shell completed construction and officially opened a new liquefied natural gas (LNG) regasification terminal that was constructed by Shell and Gasnor (a 100% Shell-owned subsidiary). As a result, Gibraltar has switched from diesel-fuelled power generation to cleaner-burning natural gas, using a newly commissioned 80-megawatt gas-fired power plant.
Powering Gibraltar’s homes and businesses with this reliable and cleaner energy is a hugely important step towards reducing emissions and it delivers on Her Majesty’s Government of Gibraltar’s (HMGOG) aim of reducing carbon dioxide emissions and improving air quality around the Rock of Gibraltar.
Construction of the terminal followed an LNG supply agreement signed in 2016 between Shell and Her Majesty’s Government of Gibraltar.
Natural gas-fired electricity generation has an important role to play in the transition to a lower-carbon global energy system. It can help to reduce greenhouse gas emissions and air pollution by displacing coal- and oil-fired generation.
LNG is delivered to the terminal by ship twice a month and at night, minimising disruption to the neighbouring port and airport. It is stored in five double-walled stainless-steel tanks, each able to hold 1,000 cubic metres of LNG.
See how Shell has helped to make Gibraltar’s power supply cleaner and more reliable with LNG
Title: LNG terminal in Gibraltar
Cleaner energy for Gibraltar. Our new liquefied natural gas terminal is helping deliver natural gas to power homes and businesses.
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On December 1, 2010, Shell completed the sale of its downstream businesses in Gibraltar to World Fuel Services.
This includes Shell’s retail, marine, commercial fuels, supply and distribution businesses, and Shell’s 50% shareholding in the aviation joint venture, Intoplane Services Gibraltar Ltd.
World Fuel Services will market, sell and distribute Shell-branded lubricants products and deliver Shell Marine Products to international customers in Gibraltar.
World Fuel Services operates in Gibraltar as Gib Oil Ltd.
Gib Oil Ltd
PO Box 231
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