Contango Storage takes on marketing of Vattenfall oil depot
Contango Storage is pleased to announce it has signed an agreement with Swedish energy utility Vattenfall regarding marketing and administration of Vattenfall’s oil depot in Stenungsund, Sweden. In order to continuously develop and improve the usage of its oil depot, Vattenfall has decided to rent out the depot to external clients. Contango Storage will be fully responsible for marketing and operations. The cooperation will start with immediate effect and storage will be available from 1st July 2012.
The operation will continue as before and the ambition is to maintain Stenungsunds position as one of the best cavern storages in Scandinavia. The two companies plan to improve the infrastructure and increase the service level for customers.
Facts
Location West coast of Sweden, 50 km north of Gothenburg,
Latitude N 58° 05’ Longitude E 11° 49’
Storage size 9 caverns between 40,000 and 58,000 cbm
Draft 11.5 m
LOA 240 m
Beam 40 m
Pumping capacity up to 1,000 cbm/h
For further information please visit www.contangostorage.com or contact
Jonas Westerlind Johan Öljemark
jonas@contangostorage.com johan@contangostorage.com
Opportunities in China
One of the five largest Chinese trading firms for petroleum products has the ambition, with government support, to develop one of the largest trading hubs in East Asia based on planned storage capacity.
Contango Storage as a partner of the project offers an exclusive infrastructure and storage investment deal to become part-owner of this trading hub, get access to storage capacity, potential trading possibilities and future expansions.
Contango market Gulfhaven .
Contango Storage has been appointed by Dong Energy to lease out tanks for gas oil, diesel and jet at Gulfhaven Oil terminal to the international market. Tanks are available in different sizes and we are flexible with length of contract, please contact us for more information.
Welcome to the AcobiaFlux seminar
AcobiaFLUX invites you to this fall’s most interesting seminar about oil depot management and oil storage. The seminar takes place in Stockholm on the 5th of October. During the seminar we will present a complete industry survey and discuss how you can improve your oil depot management. Please read more about the seminar on www.acobiafluxevents.com (the seminar and the invitation is in Swedish). Welcome!
Energy Buyers Conference, Miami Beach USA
Energy Buyers Conference, Miami Beach USA
Contango will participate in the 2011 Energy Buyers Conference, Miami Beach USA. Most of the world’s fuel oil traders and buyers will attend. If you are interested in a meeting with an update of our new storage facilities please contact Jonas Westerlind , jonas@contangtostorage.com.