31st May 2012
Ready for business in Kenya
Location:
VTTI Kenya Limited is waiting for its final permit and very soon the new terminal’s tanks will be ready to receive product. All six of the Phase 1 tanks (totalling 55,000 m3 storage capacity) are complete, together with the truck loading gantry and the piping tie-ins to the Kenya Pipeline Company.
The focus now has moved to Phase 2 of the project. The remaining four tanks (58,000 m3) are on schedule for completion in August/September. The piled foundations for all four are complete and the contractor has started to lay the bottom plates.
Exciting times, then, as the terminal prepares to become a major new landmark on the energy landscape of Kenya.
News Archive:
27th March 2012
VTT Vasiliko, Cyprus
Signing of agreement for oil terminal construction between VTT Vasiliko Ltd and J&P Group
VTT Vasiliko Ltd and J&P Group announce the signing of a strategic cooperation agreement for the construction of an oil storage terminal at Vasilikos, an investment of 220 million euro that will turn Cyprus into an energy hub.
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20th October 2011
VTTI
Summa Group and VTTI to build a major oil terminal in the Port of Rotterdam
Today, the President of Russia Dmitry Medvedev and the Prime Minister of the Netherlands Mark Rutte attended the signing ceremony for a major long-term agreement between the Port of Rotterdam and Shtandart TT B.V. Shareholders of Shtandart TT B.V. are Summa Group (75%) and the Dutch company VTTI (25%). The agreement, which was signed by the Summa Group Chairman Ziyavudin Magomedov and the President of the Port of Rotterdam Hans Smits, covers the building and operation of a new major crude and products oil terminal (Tank Terminal Europoort West, TEW) in the Port. The CEO of VTTI Rob Nijst was present at the signing ceremony.
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6th October 2011
VTTI
VTTI to Lease Land in the Bay of Algeciras, Los Barrios, Spain
Multinational tank storage company VTTI has signed an agreement with energy company Endesa S.A. to lease a plot of land in the Bay of Algeciras, municipality of Los Barrios, Spain.
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9th August 2011
VTTI
VTTI and Arclight Announce Petrotank Partnership
VTTI and ArcLight today announced the signing of an agreement whereby affiliates of VTTI will purchase a 50% interest in Petro Lux S.à.r.l. from an affiliate of ArcLight. The ArcLight affiliate will remain a 50% owner of PetroLux.
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24th June 2011
Rotterdam / Antwerp Pipeline
Success below the surface
VTTI is always exploring the most efficient methods of distribution, interconnecting our assets with ships, barges, trucks and railcars.
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24th June 2011
VTT Vasiliko, Cyprus
Our €200m investment takes shape
Our latest project bears all the hallmarks of VTTI: ambitious, exciting and grounded in clear commercial logic.
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24th June 2011
VTTI Kenya
Good things come to those who wait
VTTI has long had eyes on the development potential in Africa.
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24th June 2011
ATB, Malaysia
Soil and land work gives way to piling and steel
The news from ATB Tanjung Bin - VTTI’s largest-ever construction project – is that we continue to be within time and cost. Our safety record has also been excellent.
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