Oiltanking GmbH has signed an agreement with Gunvor trader about the expansion of capacities on storage of bulk cargoes in Amsterdam
Oiltanking GmbH, a subsidiary of German company Marquard&Bahls AG has signed a long-term agreement with the oil trader Gunvor regarding the expansion of capacities for storage of bulk cargoes in Amsterdam, Interfax reports referring to the Oiltanking’s report. Now, the Company has been operating with capacities in Amsterdam with total amount of 1.2 million cubic meters. The scales of expansion are not specified in the report. In the near future Oiltanking plans to substantially increase their capacities, in particular, on storage of gasoline. The Company operates 71 terminals in 21 countries in Europe, North and South America, Near East and Asia. The total amount of capacities of the Group makes 11.1 million cubic meters.
