Oiltanking acquires former Shell terminal in Copenhagen

Oiltanking Copenhagen has acquired the former Shell terminal on the island of Prøvestenen in Copenhagen.
The company says that the acquisition will enhance its position as a leading provider of jet fuel storage capacity at Copenhagen Airport. The facility has pipeline connectivity to the Copenhagen Airport system.
This connectivity means that Oiltanking Copenhagen will have more than one direct supply route to the airport’s system, creating a much needed redundancy option.
The terminal will have to be upgraded before it can potentially be taken back into service as it has been out of service for a number of years.
Oiltanking is currently assessing the size of required investment, as well as the market potential for the 73,000 m3 additional capacity for jet fuel.