Forecourt Trader - 30 years at the heart of the fuel retailing community

Thames Oilport partner receives offer

17 July, 2015

One of the partners involved in the development of Thames Oilport has received an offer for its operations in the UK.

Royal Vopak announced that it received a non-binding offer for all of its UK assets, and based on this interest exploratory meetings were taking place. However, no further details were disclosed.

Thames Oilport is a joint venture between Royal Vopak, Greenergy and Shell UK which in December 2012 took over the the Coryton Oil refinery on the estuary of the River Thames.

Coryton had supplied 20% of London and the south eastís fuel but its owner Petroplus collapsed in January 2012 and it ceased production in June that year.

The partners are converting the refinery into a fuel storage terminal for import and distribution in UK, but the project has been hit by long delays, and the plans are currently under review.

A spokesman for Thames Oilport said he was unable to comment on whether the latest development might affect the joint venture.

Royal Vopak operates 74 terminals in 27 countries with a combined storage capacity of 32.7 million cbm, with another 5.8 million cbm under development, to be added during the period 2015 - 2019.





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 15 January 2018
RegionDieselLPGSuper ULUL
East124.9460.90131.85122.27
East Midlands124.34132.31121.54
London125.0662.90132.42122.10
North East123.94133.63121.07
North West124.1658.50132.51121.18
Northern Ireland123.4169.90128.40120.85
Scotland124.5774.90130.88121.33
South East125.1561.40132.52122.48
South West124.73130.24121.91
Wales124.44128.57121.19
West Midlands123.7465.23132.27121.20
Yorkshire & Humber123.9161.90132.74121.12

Most read

Are you feeling positive about the opportunities for growing your business in 2018?