This handout photo made available on July 20, 2019, by Jan Verhoog shows the Stena Impero, a British-flagged tanker, off the coast of Europoort
in Rotterdam on April 3, 2018.
It modernised the port facilities of its Europoort
refinery near Rotterdam.
Nizar Al Adsani, chief executive of KPC, was quoted as saying the company had already started efforts to sell its Europoort
refinery in the Netherlands.
KUWAIT, Feb 1 (KUNA) -- Kuwait Petroleum International (Q8) announced Monday the completion of selling of the company's Europoort
Refinery, located in Rotterdam port in The Netherlands, to Gunvor Group, a Cyprus-registered company with its main trading office in Geneva, Switzerland.
, one of the world's main cargo handling centres, is near which Dutch city?
Some of the alternatives for the refinery include converting the Europoort
refinery into a storage terminal or permanently shutting it down, although it claims to be averting a permanent shutdown.
To complement the daily service, P&O will also increase capacity on its Teesport to Europoort
Kuwait Petroleum International (KPI) has cancelled a planned $1.4 billion investment in its 88,000 barrel per day (bpd) Rotterdam refinery and may sell it, a spokesman said, as Europe's refiners struggle with overcapacity and global competition."Now we have to look at all other options," spokesman Jan Maarten van der Steen said, adding that the company was talking to banks including HSBC about managing a possible sale.Converting the Europoort
refinery to a storage terminal or closing it entirely are possibilities, he said, although adding that closure was "not the option anyone wants"."It's also our intention to keep all personnel on board," he said.
P&O (0871 664 2121; poferries.com) sails from Hull to Rotterdam Europoort
, with a bus link taking 30 minutes.
signed a long-term agreement for a new major crude and products oil terminal at an area exceeding 55 hectares at the Tank Terminal Europoort
Summa Group, a shareholder of Novorossiysk Commercial Seaport (NMTP) (NCSP LI -Not Rated), and the Dutch port of Rotterdam signed a general agreement to build and operate a crude oil and oil product terminal (Tank Terminal Europoort
West (TEW)) in the port of Rotterdam, covering an area of 55 hectares.
At the same time, the company will close a coagulant plant in Europoort
, at the Port of Rotterdam in the Netherlands.