Vopak, Greenergy and Shell complete purchase of former Coryton refinery

Source: Vopak

Royal Vopak, Greenergy and Shell UK Limited have completed on Friday September 28th the purchase of the assets of the former Coryton refinery with PwC, administrator of Petroplus Refining & Marketing Limited. The transaction follows the earlier announcement by the consortium on June 26th, 2012.



The three companies plan to develop and invest in this facility - to be named Thames Oil Port - to create a state-of-the-art import and distribution terminal for oil products to be managed by Vopak. The initial storage capacity will be around 500,000 cubic meters (cbm), with potential to expand to up to 1 million cbm in later stages.


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs