News

Oiltanking Singapore constructs 120,000 cbm for petroleum products

17.06.2008 - Singapore:

Oiltanking Singapore Limited announces the construction of 120,000 cbm for clean petroleum products. The new capacity will be build at the terminal located along Jurong Island Highway and will be commissioned in the second quarter of 2009.

The expansion will further strengthen its hub position for clean petroleum products in Singapore and within Southeast Asia and has been committed to existing customers of Oiltanking Singapore.

With this latest addition the total capacity for petroleum products at Oiltanking Singapore will be 1.29 million cbm supported by a total of 11 vessel berths.

Oiltanking Singapore Limited is a joint venture between Oiltanking GmbH and 3i Infrastructure. 

Oiltanking is a subsidiary of Marquard & Bahls AG, Germany, a leading privately owned petroleum company. Oiltanking is the second-largest independent tank storage provider for petroleum products, chemicals and gases world-wide. The company owns and operates 62 terminals in 20 countries within Europe, North and South America, Middle East, India as well as Asia. Oiltanking has an overall capacity of 13 million cubic meters.

For more information about Oiltanking or Marquard & Bahls AG, please visit www.oiltanking.com and www.mbholding.com

For media enquiries, please contact:     

Mr Rutger van Thiel                               Mr Daan Vos
Managing Director                                 GM Asia Pacific, Middle East & Europe
Oiltanking Singapore Limited                  Oiltanking GmbH
Tel: +65 6473 1700                               +49 40 370 990
H/P: +65 9826 7088
Email: rutger.van.thiel@oiltanking.com    daan.vos@oiltanking.com