Oiltanking Acquires Shell Depot at Copenhagen Airport
07.09.2016 - Copenhagen, Denmark:
Oiltanking GmbH is pleased to announce that its subsidiary Oiltanking Copenhagen A/S has enhanced its position as a leading provider of jet fuel storage capacity at Copenhagen Airport by acquiring the former Shell terminal on the island of Prøvestenen in Copenhagen.
The acquisition of the former Shell terminal, with pipeline connectivity to the Copenhagen Airport supply system, will further enhance Oiltanking Copenhagen’s position as a leading provider of jet fuel storage capacity at the airport.
With the new pipeline connection Oiltanking Copenhagen will have more than one direct supply route to the Copenhagen Airport system, creating a much needed redundancy option.
As the terminal has been out of service for a number of years, it will have to be upgraded before it can potentially be taken back into service. Oiltanking Copenhagen is currently assessing the size of required investment, as well as the market potential for the 73,000 cbm additional capacity for jet fuel.
Oiltanking GmbH is a subsidiary of Marquard & Bahls, a Hamburg-based family-owned company that operates in the fields of energy supply, trading and logistics. Oiltanking is the second largest independent tank storage provider for petroleum products, chemicals and gases worldwide. The company owns and operates 81 terminals in 23 countries within Europe, North and South America, Middle East, Africa, India as well as in Asia. Oiltanking has an overall storage capacity of 21 million cbm.
Karl Henrik Dahl
Director West of Suez
Tel: +49 40 37004-7444