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Oiltanking Plans Tank Storage JV in Poland

6:47 AM MDT | September 22, 2011 | Ian Young

Oiltanking (Hamburg) and PERN (Plock, Poland) have agreed to form a joint venture that will construct a tank storage terminal in the port of Gdansk, Poland. The plot of land dedicated for development of the tank terminal is large enough for the construction of more than 800,000 cu meters of storage capacity, Oiltanking says. The proposed terminal will handle crude oil, refined products, and petrochemicals. The project marks Oiltanking's entry into the Polish market. Further details were not disclosed. PERN, owned by the Polish government, operates a crude oil...

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