BP puts its Amsterdam Oil Terminal up for sale (Scandinavian Oil-Gas Magazine)

BP puts its Amsterdam Oil Terminal up for sale

Published Jan 26, 2015

BP intends to sell its 950,000 cubic metre capacity oil storage terminal in Amsterdam.

The BP Amsterdam Terminal, which has been owned and operated by BP since 1997, acts as an international trading hub for supplying fuels to and from Europe. The terminal also supplies diesel and gasoline to local and regional petrol stations.

Hendrik Muilerman, Managing Director of BP in the Netherlands said: “Following a strategic review of our portfolio, we have concluded that it is in the long term interests of the Amsterdam Terminal and its staff for it to be owned by an entity which is better placed to invest in its future.”

Tags: BP PLC

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