February 28, 2012 [Contango Storage] - Port of Oxelösund and Contango Storage has come to an agreement regarding marketing and administration of the ports oil depots. In order to continue the development and improvement of the facilities has the port of Oxelösund decided to make contracts direct with end users.
Contango Storage will be fully responsible for marketing and operation.
The port of Oxelösund and Contango plan to improve the infrastructure and increase the service level for customers. The cooperation will start with immediate effect and the agreement will start 1st of June 2012.
The operation will continue as before and the ambition is to maintain Oxelösunds position as the best cavern storage in Scandinavia.
Facts
East coast of Sweden, 100 km south of Stockholm
Latitude N 58° 40′ Longitude E 17° 8′
5 caverns between 100.000 and 150.000 cbm
Draft 15.5 m
Beam Loa 45 m
Pumping capacity 2,500 cbm/h
For further information please contact johan@contangostorage.com or visit www.contangostorage.com.