Our objectives

As global population and GDP are growing, world demand for energy and chemicals is rising as well. We see a growing geographic imbalance between areas of production and areas of consumption of energy and petrochemicals. This leads to transport of oil, gas and petrochemicals over ever longer distances around the world. At the same time, markets and product flows constantly change, in response to more ambitious climate change policies, to geopolitical and economic fluctuations and to the development of new energy sources and cleaner fuels. The result is a growing demand for storage and handling of bulk liquids and gases at key locations along global marine trade routes.

Determining the best locations for our terminals requires a long-term vision of global geo-economic developments, while constantly changing product flows demand flexibility and short-term action in the day-to-day work at the terminals. In such a dynamic context, our leadership depends on our ability to excel in three areas — the three pillars of our strategy.

Also as a global energy company operating in a challenging world, we set high standards of performance and ethical behaviours. We are judged by how we act – our reputation is upheld by how we live up to our core values of honesty, integrity and respect for people. Our eight Business Principles are based on these core values and indicate how we promote trust, openness, teamwork and professionalism, and pride in what we do.

Attention!Swindlers!