Oiltanking acquires former Shell terminal in Copenhagen

Oiltanking GmbH has announced 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 m³ additional capacity for jet fuel.

Adapted from press release by Rosalie Starling

Read the article online at: https://www.tanksterminals.com/storage-tanks/12092016/oiltanking-acquires-shell-depot-at-copenhagen-airport-4061/