News

Oiltanking signs storage agreement with international trador Gunvor

19.04.2006 - Amsterdam:

Oiltanking GmbH announces that Oiltanking Amsterdam has signed a long term agreement with Gunvor. Based on this contract the storage capacity will be extended. Oiltanking and Gunvor are exploring opportunities at various other locations within the Oiltanking world-wide terminal network.

The new tanks will further strengthen the market position of Oiltanking Amsterdam as the preferred Gasoline blending platform in the ARA region.

In addition to the tank capacity expansion for Gunvor, Oiltanking Amsterdam actively explores further opportunities, both with existing customers and other market players.

At present Oiltanking operates in Amsterdam a capacity of 1.2 million cubic meters. As the demand outlook for Gasoline storage and related blending operations will remain strong, Oiltanking is planning to further increase its capacity in the near future significantly.

Oiltanking strives to be partner of choice by doing the common, uncommonly well.

Oiltanking, a division of German Marquard & Bahls AG, is the second-largest independent tank storage provider for petroleum products, chemicals and gases world-wide. Oiltanking owns and operates 71 terminals in 21 countries in Europe, North and South America, the Middle East and Asia. The group operates a total storage capacity of world-wide 11.1 million cbm.

For more information on Oiltanking and Marquard & Bahls, please visit:

www.oiltanking.com and www.mbholding.com

For media enquiries, please contact:

Mr Yke Vermeiden
Managing Director
Tel:  +31 20 4070 100
H/P: +31 20 4979 009
yke.vermeiden@oiltanking.com 

Daan Vos
General Manager Asia-Pacific & Europe
Oiltanking GmbH
Tel:  +49 40 370 99-0
H/P: +49 40 370 99-499
daan.vos@oiltanking.com