Rubis Terminal's segment has experienced an 11% storage revenues growth according to the company's first half financial results.
Its storage activity reported growth of 35% as a result of the full integration of Rubis Terminal Petrol, in Turkey. However, activity measured as revenue incorporating 100% of the scope assets grew by 11%, representing flows across all products of 7.3 million tonnes.
Each region (France, Northern Europe and Turkey) experienced growth, with Northern Europe up by 27%, reflecting the increase in capacity at the end of 2016. Turkey experienced strong growth in flows from and to northern Iraq, while France's growth was driven by oil revenues.
Across the board, the company experienced robust growth, reflected by an 8% increase in the overall sales volume at constant scope.
Transforming the energy sectorSpearheading the UAE's new gas chapter IMO sulphur fuel cap: what now? An international concept in a captive market South Africa's newest energy asset Africa breathes a sigh of relief Achieving better risk prevention in Chinese terminals One gauge, double the protection Tank jacking: reviving an ageing asset Digitalisation: future-proofing terminal operations