Independent journal on economy and transport policy
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Shtandart TT (Summa Group - VTTI) will construct a new oil terminal in the port of Rotterdam
The work will begin in 2013 and the system will become operating in 2015
October 20, 2011
Shtandart TT BV, joint venture participated with 75% from Russian the Group Summa and with 25% from Dutch VTTI (in its turn joint venture 50:50 between groups Vitol and MISC), will construct a new oil terminal in the port of Rotterdam.
Today, in occasion of the summit Russian-Dutch, to the presence of the president of the Russian Federation, Dmitry Medvedev, and of the Dutch Prime Minister Mark Rutte, the president of Group Summa, Ziyavudin Magomedov, and president of the Port of Rotterdam Authority, Hans Smits, has signed an agreement for the construction and management of the Tank terminal Terminal Europoort West (TEW) that he will be dedicated to the producing traffic of crude oil and oil, project for which the Dutch harbour agency had started a contest at the end last year ( on 3 November 2010).
According to the forecasts, the work will begin in 2013 and the terminal will become operating in 2015. The new system will be fed by shuttle tankers that they will transport crude oil from Primorsk to Rotterdam and in future the terminal will be able to receive coming crude oil from other Baltic Sea ports.
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Shtandart TT BV, joint venture participated with 75% from Russian the Group Summa and with 25% from Dutch VTTI (in its turn joint venture 50:50 between groups Vitol and MISC), will construct a new oil terminal in the port of Rotterdam.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
