A Brief Portrait of Oiltanking
Our vision is to be the preferred partner in energy logistics.
Oiltanking has been active in tank storage logistics since 1972, and is one of the largest independent operators of tank terminals for oils, chemicals and gases worldwide. The company owns and operates 74 terminals in 24 countries with a total storage capacity of 20 million cbm, on five continents – in Europe, North America, Latin America, the Middle East, Africa, India, and the Asia-Pacific region.
At the tank terminals, Oiltanking stores and handles nearly 1,000 different products including crude oil, petroleum products, biofuels, chemicals and gases. The total throughput of all terminals in 2017 was around 160 million tons.
Oiltanking is not the owner of the goods stored, but merely provides its services in the field of tank storage logistics. Our clients include private and state oil companies, refiners, petrochemical companies, and traders in petroleum products and chemicals.
Often we develop and operate our business with reputable local, private and state-owned companies, whereby Oiltanking acts as operating partner in the joint venture. In developing capital-intensive terminal facilities alone – or with substantial local business partners – the financial strength of parent company Marquard & Bahls AG is a valuable resource.
To further improve our shareholders value we continue to employ a strategy of controlled growth of our tank terminal-based service network through acquisitions, new buildings and upgrading of existing facilities.
Oiltanking has a strong customer orientation and provides tailor-made infrastructure. Its focus is on safe, efficient and reliable services in constructing and operating its facilities.
Besides tank storage, Oiltanking is active in the engineering, procurement and construction (EPC) of tank terminals, pipelines, refineries and power plants. The Indian subsidiary IOT Infrastructure & Energy Services is a leading EPC company in India, and also active in other parts of Asia. Oiltanking’s global experience is incorporated into the design, ensuring that the synergies between Oiltanking and IOT are effectively leveraged.
In 2017, about 3,400 employees worked for Oiltanking.
in 24 countries