Oiltanking GmbH

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About

Between the oil fields of the world and the users of derivative products, independent terminal networks like Oiltanking perform vital connecting services. Independent storage terminals are those which are not owned by the clients they serve and do not own any of the products they handle. Over the last three decades, Oiltanking has become the world’s second largest company in this competitive field. Its clients include private and state oil companies, refiners, petrochemical companies, and traders in petroleum products and chemicals. To customers, Oiltanking serves as a trust-worthy custodian of valuable liquids. To business partners, the company offers the proven ability to manage terminals profitably. In developing capital-intensive terminal facilities alone or together with substantial local business partners, the financial strength of parent company Marquard & Bahls AG is a valuable resource. For uncommon customer service and favorable returns on its investments, Oiltanking relies on the ability and entrepreneurial spirit of its people.

Oiltanking employs a long-term expansion strategy of building new terminals, purchasing existing ones and upgrading present facilities. Some projects are wholly owned. Others are developed in cooperation with reputable private local companies or state energy groups. Development opportunities in target markets are analyzed carefully but quickly. Every attempt is made to move high-potential projects to successful completion with minimum delay for the participants. Oiltanking’s terminals are designed and managed to achieve high operational integrity along with efficient cost controls. Where justified by expected returns, investments are regularly made to expand the range of crude oil, refined products and chemicals that can be handled at individual terminals. Standardized quality controls assure customers of a consistent high standard of service throughout Oiltanking’s expanding international network. Clients can also rely on a single source of responsibility as their valuable products are moved to markets around the globe.