Vopak, a dutch tank storage company, is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group Ltd. In that way, Vopak gives access to the Gunvor concession in the Antwerp port area in Belgium and it is also committed to sustainably redeveloping the site.
In fact, together with the Port of Antwerp-Bruges, the company will focus on joint development/implementation to support renewable energy.
The site is around 1 million m² in size and offers deep-sea, river, road, and rail access and pipeline connections to Northwest Europe. Moreover, the adjacent and future pipelines are suitable for transporting propylene, ethylene, CO2, and hydrogen among others.
Vopak aims to make a positive contribution to the decarbonisation of the industrial cluster on the Antwerp port platform. Where necessary, soil remediation will take place in close consultation with internal and external experts and authorities, according to a statement.
Jointly with the port of Antwerp-Bruges, Vopak will continue discussions in order to develop a new green energy hub.