Inside Financial Markets

Shell Pakistan’s clarification on Keamari fire incident

Shell Pakistan has clarified that the report in circulation regarding the Keamari fire incident on November 26, at the Shell Terminal is incorrect. According to Shell Pakistan, the fire broke out on methanol storage units of a local private oil storage and handling company at Keamari. It is an extremely unfortunate event that resulted in the loss of lives. Shell Pakistan expressed sorrow and concern over the incident.

“Safety is our license to operate and we strive to ensure the highest operating standards. We believe in promoting and improving safety benchmarks across the energy industry and work in partnership with industry trade associations and professional bodies to share our safety experience, standards and knowledge. Keamari is a key installation and we urge the Government to review safety and operational specifications of all stakeholders operating in the vicinity and ensure implementation of better standards to ensure safety of people and integrity of assets”, Shell Pakistan

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.


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  • Farhat Abbas Gilanee says:

    Dear Sir, can you guide us further about future share price of Byco with some time schedule?

  • Ahsan Baig says:

    Byco looks good in future and other refineries as well

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)