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Home Terminal News

Port of Gothenburg reports downturn in oil volumes for 2014

January 28, 2015
in Terminal News
1 min read
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Half of Sweden’s crude oil is imported via the Port of Gothenburg. It is then processed into petrol, diesel and a range of other energy products at the three refineries.

Oil and energy products slumped by 6% in 2014. The year began with low refinery margins and a weak storage market but towards the end flows had increased thanks to improved refinery margins and a stronger storage market in the wake of plummeting oil prices.

Around 19.2 million tonnes of oil and energy products were handled during 2014, compared to 20.4 tonnes handled in 2013.

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Tank Storage Magazine is published by Easyfairs UK Ltd.

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