Skip to main content

Vopak investigates options for terminals in Australia

 

Published by
Hydrocarbon Engineering,

Vopak has announced that it is investigating the strategic options for its terminals in Australia.

In a statement, Vopak confirmed that this may include continued operations or divestment.

As the outcome of this process is currently unknown, no further details have been disclosed.

Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and new energies infrastructures. New growth investments in oil infrastructure are expected to be reduced and will mostly be targeted towards strengthening our leading hub positions.

 

This article has been tagged under the following:

Downstream news