Gunvor looking for Rotterdam buyer, reports

It has been reported that Gunvor is looking to sell more oil storage in Rotterdam, following on from the stake it sold to Saudi Aramco in 2017.

It is thought that the trading house is looking to offload a portion of the oil storage it still holds at Stargate Oil Terminal Rotterdam BV. Gunvor holds 1.5 million cubic metres of oil at the terminal.

Last year, Gunvor sold its stake in the Maasvlakte Olie Terminal is one of the largest oil terminals in the world, to Aramco Overseas Company B.V.

Gunvor representatives have not confirmed the story.

For more information visit www.gunvor-nederland.nl

12th Mar 2018