Oil and Chemicals Storage Industry Outlook in Europe, 2012 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminals to 2015

Summary

GlobalData’s energy offering, “Oil and Chemicals Storage Industry Outlook in Europe, 2012 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminals to 2015” is the essential source for industry data and information relating to the oil and chemicals storage industry in Europe. It provides asset level information relating to active and planned oil and chemicals storage terminals in Europe. The profiles of major companies operating in the oil and chemicals storage industry in Europe are included in the report. The latest news and deals relating to the sector are also provided and analyzed.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

Scope

- Updated information relating to all active and planned oil and chemicals storage terminals

- Provides historical data from 2005 to 20011, forecast to 2015

- Information on operator and commodity information for all active and planned oil and chemicals storage terminals

- Identifies key trends and issues in the oil and chemicals storage industry

- Information on the top companies in the sector including business description, strategic analysis. Key companies covered are Royal Vopak NV, Neste Oil Corporation and Galp Energia SGPS S.A.

- Strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.

- Key mergers and acquisitions, partnerships, private equity investments and IPOs.

Reasons to buy

- Obtain the most up to date information available on storage terminals in Europe

- Identify growth segments and opportunities in European oil storage industry.

- Facilitate market analysis and forecasting of future industry trends.

- Facilitate decision making on the basis of strong historical and forecast capacity data

- Assess your competitor’s oil storage terminal network and its capacity

- Understand and respond to your competitors business structure, strategy and prospects.

- Develop strategies based on the latest operational, financial, and regulatory events.

- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.

- Identify and analyze the strengths and weaknesses of the leading companies in Europe.

1 Table Of Contents

1 Table Of Contents 2

1.1 List Of Tables 7

1.2 List Of Figures 9

2 Introduction 10

2.1 What is this Report About? 10

2.2 How to Use this Report? 10

2.3 Market Definitions 10

3 Europe Oil and Chemicals Storage Industry 11

3.1 Europe Oil and Chemicals Storage Industry, Key Data 11

3.2 Europe Oil and Chemicals Storage Industry, Storage Operations 11

3.2.1 Europe Oil and Chemicals Storage Industry, Total Storage Capacity 11

3.3 Oil and Chemicals Storage Industry in Europe, Netherlands 12

3.3.1 Netherlands, Oil and Chemicals Storage Capacity 13

3.4 Oil and Chemicals Storage Industry in Europe, Spain 15

3.4.1 Spain, Oil and Chemicals Storage Capacity 15

3.5 Oil and Chemicals Storage Industry in Europe, Germany 20

3.5.1 Germany, Oil and Chemicals Storage Capacity 21

3.6 Oil and Chemicals Storage Industry in Europe, France 26

3.6.1 France, Oil and Chemicals Storage Capacity 26

3.7 Oil and Chemicals Storage Industry in Europe, The United Kingdom 29

3.7.1 The United Kingdom, Oil and Chemicals Storage Capacity 29

3.8 Oil and Chemicals Storage Industry in Europe, Finland 31

3.8.1 Finland, Oil and Chemicals Storage Capacity 32

3.9 Oil and Chemicals Storage Industry in Europe, Russian Federation 33

3.9.1 Russian Federation, Oil and Chemicals Storage Capacity 33

3.10 Oil and Chemicals Storage Industry in Europe, Sweden 35

3.10.1 Sweden, Oil and Chemicals Storage Capacity 36

3.11 Oil and Chemicals Storage Industry Europe, Belgium 38

3.11.1 Belgium, Oil and Chemicals Storage Capacity 38

3.12 Oil and Chemicals Storage Industry Europe, Turkey 39

3.12.1 Turkey, Oil and Chemicals Storage Capacity 40

3.13 Oil and Chemicals Storage Industry in Europe, Portugal 43

3.13.1 Portugal, Oil and Chemicals Storage Capacity 43

3.14 Oil and Chemicals Storage Industry in Europe, Denmark 44

3.14.1 Denmark, Oil and Chemicals Storage Capacity 45

3.15 Oil and Chemicals Storage Industry in Europe, Poland 46

3.15.1 Poland, Oil and Chemicals Storage Capacity 47

3.16 Oil and Chemicals Storage Industry in Europe, Italy 47

3.16.1 Italy, Oil and Chemicals Storage Capacity 48

3.17 Oil and Chemicals Storage Industry in Europe, Norway 49

3.17.1 Norway, Oil and Chemicals Storage Capacity 50

3.18 Oil and Chemicals Storage Industry in Europe, Estonia 50

3.18.1 Estonia, Oil and Chemicals Storage Capacity 51

3.19 Oil and Chemicals Storage Industry in Europe, Romania 52

3.19.1 Romania, Oil and Chemicals Storage Capacity 52

3.20 Oil and Chemicals Storage Industry in Europe, Ireland 53

3.20.1 Ireland, Oil and Chemicals Storage Capacity 53

3.21 Oil and Chemicals Storage Industryin Europe, Latvia 54

3.21.1 Latvia, Oil and Chemicals Storage Capacity 54

3.22 Oil and Chemicals Storage Industry in Europe, Croatia 55

3.22.1 Croatia, Oil and Chemicals Storage Capacity 55

3.23 Oil and Chemicals Storage Industry in Europe, Slovakia 55

3.23.1 Slovakia, Oil and Chemicals Storage Capacity 56

3.24 Oil and Chemicals Storage Industry in Europe, Lithuania 56

3.24.1 Lithuania, Oil and Chemicals Storage Capacity 56

3.25 Oil and Chemicals Storage Industry in Europe, Malta 57

3.25.1 Malta, Oil and Chemicals Storage Capacity 57

3.26 Oil and Chemicals Storage Industry in Europe, Greece 57

3.26.1 Greece, Oil and Chemicals Storage Capacity 58

3.27 Oil and Chemicals Storage Industry in Europe, Switzerland 58

3.27.1 Switzerland, Oil and Chemicals Storage Capacity 59

3.28 Oil and Chemicals Storage Industry in Europe, Iceland 59

3.28.1 Iceland, Oil and Chemicals Storage Capacity 59

3.29 Oil and Chemicals Storage Industry in Europe, Bulgaria 60

3.29.1 Bulgaria, Oil and Chemicals Storage Capacity 60

3.30 Oil and Chemicals Storage Industry in Europe, Former Yugoslav Republic of Macedonia 61

3.30.1 Former Yugoslav Republic of Macedonia, Oil and Chemicals Storage Capacity 61

3.31 Oil and Chemicals Storage Industry in Europe, Albania 61

3.31.1 Albania, Oil and Chemicals Storage Capacity 62

3.32 Oil and Chemicals Storage Industry in Europe, Ukraine 62

3.32.1 Ukraine, Oil and Chemicals Storage Capacity 62

3.33 Oil and Chemicals Storage Industry in Europe, Hungary 63

3.33.1 Hungary, Oil and Chemicals Storage Capacity 63

3.34 Oil and Chemicals Storage Industry in Europe, Cyprus 63

3.34.1 Cyprus, Oil and Chemicals Storage Capacity 63

3.35 Europe Oil and Chemicals Storage Industry, Planned Terminals 64

4 Profile of Royal Vopak NV 65

4.1 Royal Vopak NV, Key Information 65

4.2 Royal Vopak NV, Company Overview 65

4.3 Royal Vopak NV, Business Description 65

4.3.1 Business Overview 65

4.3.2 Asia 66

4.3.3 Chemicals Europe, Middle East and Africa 66

4.3.4 Latin America 67

4.3.5 North America 67

4.3.6 Oil Europe, Middle East and Africa 67

4.4 Royal Vopak NV, SWOT Analysis 68

4.4.1 Overview 68

4.4.2 Royal Vopak NV Strengths 69

4.4.3 Royal Vopak NV Weaknesses 69

4.4.4 Royal Vopak NV Opportunities 70

4.4.5 Royal Vopak NV Threats 71

5 Profile of Neste Oil Corporation 73

5.1 Neste Oil Corporation, Key Information 73

5.2 Neste Oil Corporation, Company Overview 73

5.3 Neste Oil Corporation, Business Description 73

5.3.1 Business Overview 73

5.3.2 Oil Products 74

5.3.3 Oil Retail 75

5.3.4 Others 75

5.3.5 Renewable Fuels 75

5.4 Neste Oil Corporation, SWOT Analysis 76

5.4.1 Overview 76

5.4.2 Neste Oil Corporation Strengths 76

5.4.3 Neste Oil Corporation Weaknesses 78

5.4.4 Neste Oil Corporation Opportunities 78

5.4.5 Neste Oil Corporation Threats 79

6 Profile of Galp Energia SGPS S.A 81

6.1 Galp Energia SGPS S.A, Key Information 81

6.2 Galp Energia SGPS S.A, Company Overview 81

6.3 Galp Energia SGPS S.A, Business Description 81

6.3.1 Business Overview 81

6.3.2 Exploration and Production 82

6.3.3 Gas and Power 83

6.3.4 Refining and Marketing 84

6.4 Galp Energia SGPS S.A, SWOT Analysis 84

6.4.1 Overview 84

6.4.2 Galp Energia SGPS S.A. Strengths 85

6.4.3 Galp Energia SGPS S.A. Weaknesses 86

6.4.4 Galp Energia SGPS S.A. Opportunities 87

6.4.5 Galp Energia SGPS S.A. Threats 88

7 Financial Deals Landscape 90

7.1 Detailed Deal Summary 90

7.1.1 Merger 90

7.1.2 Acquisition 91

7.1.3 Private Equity 94

7.1.4 Equity Offerings 96

7.1.5 Debt Offerings 98

7.1.6 Partnerships 104

7.1.7 Asset Transactions 106

8 Recent Developments 110

8.1 Strategy and Business Expansion 110

8.1.1 Feb 01, 2012: GDF SUEZ Restructures Energy Operations In Europe 110

8.1.2 Oct 20, 2011: Summa Group And VTTI To Build Oil Terminal In Netherlands 110

8.1.3 Oct 20, 2011: Rubis Expands Tank Capacity In Rotterdam Botlek Area 111

8.2 Other Significant Developments 111

8.2.1 Mar 16, 2012: Statoil Provides Update On Statfjord C Platform 111

8.2.2 Mar 02, 2012: TORM Extends Temporary Agreement With Its Bank Group 111

8.2.3 Feb 29, 2012: Vopak To Add 6 MMcm Of Storage Capacity 112

8.2.4 Feb 28, 2012: Norse Energy Reports Revenue Of $22.2m In 2011 112

8.2.5 Feb 14, 2012: CLH Puts Expansion Of New Storage Facility In Algeciras Into Service 113

8.2.6 Feb 08, 2012: Statoil Announces Organic Capital Expenditures For 2012 114

8.2.7 Jan 30, 2012: Odfjell Announces Gasoline Spill At Its Terminal In Rotterdam, Netherlands 115

8.2.8 Jan 24, 2012: Total Appoints Helle Kristoffersen As Senior Vice President, Strategy & Business Intelligence 115

8.2.9 Jan 16, 2012: Total Announces Board Changes 115

8.2.10 Jan 05, 2012: Total Announces Senior Management Change 116

8.2.11 Dec 22, 2011: GDF SUEZ Announces Management Changes 116

8.2.12 Dec 13, 2011: BP Halts Operations At Sullom Voe Terminal In Shetland Islands 117

8.2.13 Nov 30, 2011: Baltic Oil Terminals Appoints Louis Castro As Non-Executive Director 117

8.3 New Contracts Announcements 118

8.3.1 Jan 16, 2012: AMEC Wins £10m Contract From BP To Provide Project Services For Kinneil Terminal In Scotland 118

8.3.2 Nov 15, 2011: Wood Group Wins £500m Contracts From Talisman Energy 118

8.3.3 Oct 04, 2011: Oiltanking Terneuzen Signs Long-term Storage Agreement With Statoil 119

8.3.4 May 16, 2011: ENGlobal Secures Control Systems Project From CPC 119

8.3.5 Mar 31, 2011: AMEC Wins Engineering And Project Management Contract For BP's 2011 Oil Terminal Projects In UK 120

9 Appendix 121

9.1 Abbreviations 121

9.2 Methodology 121

9.2.1 Coverage 121

9.2.2 Secondary Research 122

9.2.3 Primary Research 122

9.3 Contact Us 122

9.4 Disclaimer 123

1.1 List Of Tables

Table 1: Europe, Oil Storage Key Statistics, 2011 11

Table 2: Europe, Oil and Chemicals Storage Capacity by Top 5 Countries (Thousand M3), 2005-2015 11

Table 3: Europe, Oil and Chemicals Storage Capacity in Netherlands (Thousand M3), 2005-2015 13

Table 4: Europe, Oil and Chemicals Storage Capacity in Netherlands (Thousand M3), 2005-2015 (Contd.1) 14

Table 5: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 15

Table 6: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 (Contd.1) 16

Table 7: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 (Contd.2) 17

Table 8: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 (Contd.3) 18

Table 9: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 (Contd.4) 19

Table 10: Europe, Oil and Chemicals Storage Capacity in Spain (Thousand M3), 2005-2015 (Contd.5) 20

Table 11: Europe, Oil and Chemicals Storage Capacity in Gremany (Thousand M3), 2005-2015 21

Table 12: Europe, Oil and Chemicals Storage Capacity in Gremany (Thousand M3), 2005-2015 (Contd.1) 22

Table 13: Europe, Oil and Chemicals Storage Capacity in Gremany (Thousand M3), 2005-2015 (Contd.2) 23

Table 14: Europe, Oil and Chemicals Storage Capacity in Gremany (Thousand M3), 2005-2015 (Contd.3) 24

Table 15: Europe, Oil and Chemicals Storage Capacity in Gremany (Thousand M3), 2005-2015 (Contd.4) 25

Table 16: Europe, Oil and Chemicals Storage Capacity in France (Thousand M3), 2005-2015 26

Table 17: Europe, Oil and Chemicals Storage Capacity in France (Thousand M3), 2005-2015 (Contd.1) 27

Table 18: Europe, Oil and Chemicals Storage Capacity in France (Thousand M3), 2005-2015 (Contd.2) 28

Table 19: Europe, Oil and Chemicals Storage Capacity in The United Kingdom (Thousand M3), 2005-2015 (Contd.1) 29

Table 20: Europe, Oil and Chemicals Storage Capacity in The United Kingdom (Thousand M3), 2005-2015 (Contd.1) 30

Table 21: Europe, Oil and Chemicals Storage Capacity in The United Kingdom (Thousand M3), 2005-2015 (Contd.2) 31

Table 22: Europe, Oil and Chemicals Storage Capacity in Finland (Thousand M3), 2005-2015 32

Table 23: Europe, Oil and Chemicals Storage Capacity in Russian Federation (Thousand M3), 2005-2015 33

Table 24: Europe, Oil and Chemicals Storage Capacity in Russian Federation (Thousand M3), 2005-2015 (Contd.1) 34

Table 25: Europe, Oil and Chemicals Storage Capacity in Russian Federation (Thousand M3), 2005-2015 (Contd.2) 35

Table 26: Europe, Oil and Chemicals Storage Capacity in Sweden (Thousand M3), 2005-2015 36

Table 27: Europe, Oil and Chemicals Storage Capacity in Sweden (Thousand M3), 2005-2015 (Contd.1) 37

Table 28: Europe, Oil and Chemicals Storage Capacity in Belgium (Thousand M3), 2005-2015 38

Table 29: Europe, Oil and Chemicals Storage Capacity in Belgium (Thousand M3), 2005-2015 (Contd.1) 39

Table 30: Europe, Oil and Chemicals Storage Capacity in Turkey (Thousand M3), 2005-2015 40

Table 31: Europe, Oil and Chemicals Storage Capacity in Turkey (Thousand M3), 2005-2015 (Contd.1) 41

Table 32: Europe, Oil and Chemicals Storage Capacity in Turkey (Thousand M3), 2005-2015 (Contd.2) 42

Table 33: Europe, Oil and Chemicals Storage Capacity in Portugal (Thousand M3), 2005-2015 43

Table 34: Europe, Oil and Chemicals Storage Capacity in Portugal (Thousand M3), 2005-2015 (Contd.1) 44

Table 35: Europe, Oil and Chemicals Storage Capacity in Denmark (Thousand M3), 2005-2015 45

Table 36: Europe, Oil and Chemicals Storage Capacity in Denmark (Thousand M3), 2005-2015 (Contd.1) 46

Table 37: Europe, Oil and Chemicals Storage Capacity in Poland (Thousand M3), 2005-2015 47

Table 38: Europe, Oil and Chemicals Storage Capacity in Italy (Thousand M3), 2005-2015 48

Table 39: Europe, Oil and Chemicals Storage Capacity in Italy (Thousand M3), 2005-2015 (Contd.1) 49

Table 40: Europe, Oil and Chemicals Storage Capacity in Norway (Thousand M3), 2005-2015 50

Table 41: Europe, Oil and Chemicals Storage Capacity in Estonia (Thousand M3), 2005-2015 51

Table 42: Europe, Oil and Chemicals Storage Capacity in Romania (Thousand M3), 2005-2015 52

Table 43: Europe, Oil and Chemicals Storage Capacity in Ireland (Thousand M3), 2005-2015 53

Table 44: Europe, Oil and Chemicals Storage Capacity in Latvia (Thousand M3), 2005-2015 54

Table 45: Europe, Oil and Chemicals Storage Capacity in Croatia (Thousand M3), 2005-2015 55

Table 46: Europe, Oil and Chemicals Storage Capacity in Slovakia (Thousand M3), 2005-2015 56

Table 47: Europe, Oil and Chemicals Storage Capacity in Lithuania (Thousand M3), 2005-2015 56

Table 48: Europe, Oil and Chemicals Storage Capacity in Malta (Thousand M3), 2005-2015 57

Table 49: Europe, Oil and Chemicals Storage Capacity in Greece (Thousand M3), 2005-2015 58

Table 50: Europe, Oil and Chemicals Storage Capacity in Switzerland (Thousand M3), 2005-2015 59

Table 51: Europe, Oil and Chemicals Storage Capacity in Iceland (Thousand M3), 2005-2015 59

Table 52: Europe, Oil and Chemicals Storage Capacity in Bulgaria (Thousand M3), 2005-2015 60

Table 53: Europe, Oil and Chemicals Storage Capacity in Former Yugoslav Republic of Macedonia (Thousand M3), 2005-2015 61

Table 54: Europe, Oil and Chemicals Storage Capacity in Albania (Thousand M3), 2005-2015 62

Table 55: Europe, Oil and Chemicals Storage Capacity in Ukraine (Thousand M3), 2005-2015 62

Table 56: Europe, Oil and Chemicals Storage Capacity in Hungary (Thousand M3), 2005-2015 63

Table 57: Europe, Oil and Chemicals Storage Capacity in Cyprus (Thousand M3), 2005-2015 63

Table 58: Europe, Oil and Chemicals Storage Capacity in Planned Terminals (Thousand M3), 2012-2015 64

Table 59: Royal Vopak NV, Key Facts 65

Table 60: Royal Vopak NV, SWOT Analysis 68

Table 61: Neste Oil Corporation, Key Facts 73

Table 62: Neste Oil Corporation, SWOT Analysis 76

Table 63: Galp Energia SGPS S.A., Key Facts 81

Table 64: Galp Energia SGPS S.A., SWOT Analysis 85

Table 65: North Sea Group Plans To Merge With Argos Oil 90

Table 66: Baltic Oil Terminals To Acquire Haahr Tank-Lager For $9.9 Million 91

Table 67: NWF Group Acquires Swan Petroleum 92

Table 68: A/S Norske To Sell 5% Interest In Gassled For $733 Million 93

Table 69: EQT Infrastructure To Acquire Majority Stake In Argos Terminals 94

Table 70: Lindsay Goldberg Completes Acquisition Of 49% Stake In Odfjell Terminals In Rotterdam, Houston And Charleston From For $247 Million 95

Table 71: Turkish Petroleum Plans IPO 96

Table 72: Gas Natural Fenosa Completes Private Placement Of New Shares For $728.5 Million 96

Table 73: Eni Receives Approval For Private Placement Of Bonds For $3.9 Billion 98

Table 74: Gas Natural Capital Markets Prices Public Offering Of 5% Bonds Due 2018 For $991 Million 99

Table 75: Eni Completes Private Placement Of 4.25% Bonds Due 2020 For $1.3 Billion 100

Table 76: Eni Completes Public Offering Of Bonds Due 2017 For $1,469.6 Million 101

Table 77: Eni Completes Public Offering Of Bonds Due 2017 For $287.24 Million 101

Table 78: Stolt-Nielsen Completes Private Placement Of Senior Unsecured Bonds Due 2016 For $295.9 Million 102

Table 79: Gazprom Plans To Issue BO-01 And Bo-28 Series Bonds 103

Table 80: Oiltanking Forms Joint Venture With PERN "Przyjazn" 104

Table 81: Odfjell Forms Joint Venture With Euroceanica 105

Table 82: BP Plans To Sell Global LPG Bottles and Tank Filling Business 106

Table 83: Stolt-Nielsen To Acquire Bulk-Liquid Storage Terminal In Moerdijk From Den Hartogh Holdings 107

Table 84: Gazprom Neft Acquires 21 Petrol Stations In Russia From Oktan-Yug 108

Table 85: Puma Energy International Acquires ALIBESA Bitumen Terminal In Spain 109

1.2 List Of Figures

Figure 1: Europe, Oil and Chemicals Storage Capacity by Country (Thousand M3), 2005-2015 12