Switzerland-headquartered Mercuria Energy Asset Management, the holding company managing the fixed assets of the Mercuria Energy Group, has acquired Nafta, a company operating a 830,000 m3 storage terminal for petroleum products in the Port of Antwerp.
The terminal can be used to store a wide range of products from crude oil and gas condensates to Fuel Oil, middle distillates, light ends and chemicals.
Products are imported by barge and seagoing vessels of up to 100,000 metric tons, and exported via sea, rail, road and pipeline. The terminal can be further expanded by an additional 300-400,000 m3 of storage capacity.
Mercuria is currently the largest user of the terminal and regards it as a strategic asset which can be developed into a major trading hub in the important Amsterdam-Rotterdam-Antwerp range.