Independent journal on economy and transport policy
04:23 GMT+1
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Zenith Energy will acquire a terminal for liquid bulk of Shell in the port of Amburgo
It has ability to beyond 480 thousand cubic metres
January 9, 2018
The oil group Canadian Zenith Energy has undersigned an agreement in order to acquire a terminal for liquid bulk of the Dutch oil group Shell in the port of Amburgo. The system occupies an area of 55 hectares, and enlivens mainly refined producing imports of oil and other liquid bulk.
For the Zenith Energy, that it is active in the exploitation of oil reservoirs in Azerbaijan and with activity of prospecting and natural gas production in Italy, the agreement represents the third acquisition of terminal in Europe. In February 2015, in fact, the Canadian company had bought the terminal Bantry Bay Oil situated Terminal suill'isola Whiddy near West Cork, in Ireland, that it was yielded by Phillips 66 and in April 2016 had acquired the terminalistiche activities of the BP group to Amsterdam. Moreover in the pocketbook of the foreign terminaliste activities of the group figure the terminal for liquid bulk to Palermo, in Colombia, managed through joint venture with the Columbian Grupo Coremar constituted in 2014, and the terminalista society American Arc Logistics Partners who Zenith has last December acquired so realizing the own first investment in the USA market.
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