Between the world’s oil fields and the users of derivative products, independent terminal networks like Oiltanking perform vital connecting services. Independent storage terminals are not owned by the clients they serve and do not own any of the products they handle. We employ a decentralised management structure in which each facility functions as an autonomous Profit Centre.
During the last four decades, Oiltanking has become the world’s second-largest company in this competitive field. Its clients include private and state oil companies, refiners, petrochemical companies, and traders in petroleum products and chemicals. By nature we have a strong orientation towards customer satisfaction. Often we develop and operate our business with reputable local, private and state-owned companies, whereby Oiltanking acts as operating partner in the joint venture.
To customers, Oiltanking serves as a trustworthy custodian of valuable products. To business partners, the company offers the proven ability to manage terminals profitably. In developing capital-intensive terminal facilities alone—or with substantial local business partners—the financial strength of parent company Marquard & Bahls AG is a valuable resource.
To further improve our shareholders value we continue to employ a strategy of controlled growth of our tank terminal-based service network through acquisitions, new buildings and upgrading of existing facilities.