Vopak buys Gunvor Petroleum Antwerp

February 6, 2023 |

In the Netherlands, Dutch tank storage company Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group Ltd, giving it access to the Gunvor concession in the Antwerp port area. Vopak is committed to sustainably redeveloping the site. For example, together with the Port of Antwerp-Bruges, the company will focus on joint development and implementation to support renewable energy. This is another important step towards a climate-neutral economy.

The site is some 105 hectares in size and offers deep-sea, river, road and rail access, as well as pipeline connections to Northwest Europe. The adjacent and future pipelines are suitable for transporting i.a. propylene, ethylene, CO2 and hydrogen.

Category: Fuels

Thank you for visting the Digest.