A crude oil underground storage cavern has been brought into operation at the Port of Gothenburg.
The 600,000 m3 cavern will be operated by Scandinavian Tank Storage and will complement another underground storage facility of 800,000 m3, which was opened for crude storage in 2009. Gothenburg Port Authority has reached an agreements for Scandinavian Tank Storage to operate both caverns.
The caverns are located at the Tor Harbour, one of three energy harbours in Gothenburg.
Jill Söderwall, vice president and head of commercial operations at the Energy Port in Gothenburg, says: ‘Our strategic location between the Baltic Sea and the North Sea is generating a demand for storage of crude oil. With a further cavern we will be in a position to reinforce our role as the primary energy port in the Nordic region.’
The first vessel carrying crude oil for the new cavern is due to arrive in around a year’s time.