Vopak Seeks New Investments in LNG Terminals
09.23.2011 - NEWS

September 23, 2011 [Reuters] - Vopak , the world's largest independent storage tank operator, is looking for new opportunities to invest in LNG terminals, Chief Executive Eelco Hoekstra said on Friday.


“Our objective is to be an independent LNG provider globally. We are looking for more opportunities to invest. We look for strong partnerships,” Hoekstra said.

Vopak offers oil, chemical and biofuel storage in major ports including Rotterdam, Fujairah, Tallinn and Singapore.

Vopak’s oil storage business benefits from imbalances between producing and consuming regions, while its chemical storage business relies on a strong output in the chemical industry. It operates 80 terminals in 30 countries.

Vopak in April lowered its 2011 core profit outlook, citing uncertainty in the biofuel market that marred robust demand for its oil storage services.

Enovos Announces FID on Luxembourg Green Hydrogen Project
06.15.2026 - NEWS
June 15, 2026 [Renewables Now]- Enovos announced that a final investment decision (FID) has been ... Read More
KPC Approves Egypt Gas Project, Output Set for Q4
06.15.2026 - NEWS
June 15, 2026 [Zawya]- Kuwait Petroleum Corporation (KPC) has approved an investment in a gas exp... Read More
Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote
06.15.2026 - NEWS
June 15, 2026 [Reuters]- Shell said ‌on Friday it was pausing its $3 billion share buyback prog... Read More
LyondellBasell to Shut Remaining PP Output at Brindisi
06.15.2026 - NEWS
June 15, 2026 [Argus Media]- Petrochemical producer LyondellBasell said it plans to close its rem... Read More