Maasvlakte Oil Terminal News

Deeper draft VLCC’s can now be berthed, and facilities for handling and storing crude oil in the Port of Rotterdam are also being further expanded. At Shell Europoort, the jetty has been adapted to handle ships with an even deeper draught. Following the Maasvlakte Oil Terminal (MOT), where three new tanks went into use at the end of 2011, Maatschap Europoort Terminal (MET) is now also expanding its tank capacity. The extra tank capacity is not particularly related to an increase in supply, but gives the refineries greater flexibility, which makes them more competitive. As the extraction/production of North Sea oil is declining, crude oil will be brought in from still other areas in the future. These different types will be blended to specifications at MET.