Presentation of Tank Terminal Europoort West
(TEW) Project in the Port of Rotterdam
SHTANDART TT BV
October 20, 2011
Moscow, Russia
What is TEW?
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The Port of Rotterdam launched last year an open
tender to build a terminal called Tank terminal
Europoort West (TEW) at prime location in the port.
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Shtandart TT BV submitted proposal and was selected
by the Port of Rotterdam to develop the proposed
project.
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Some facts about TEW:
 Opportunity to develop a world scale liquid bulk
terminal
 Greenfield location strategically located in NorthWestern Europe
 Prime location at the entrance of the port
 Plot size: approximately 55 hectares
 Deepwater access up to VLCC draft
 Potential hinterland connections - pipeline connection,
inland shipping.
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Timeline - after the initial permitting and design
process, the construction work for the new terminal will
commence during 2013 resulting in an operational startup in 2015.
SHTANDART TT BV
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Who is Shtandart TT BV?
SHTANDART TT BV
Company to realize TEW Project, registered in
the Netherlands
75 %
25 %
Summa Group
VTTI BV
Summa Group is a diversified private
holding with significant investments in port
logistics, engineering, construction,
telecommunications, upstream. Third in
Europe port operator
Leading international Terminal
operating company, registered in the
Netherlands
50 %
Vitol
Principal oil trading company with
worldwide presence
SHTANDART TT BV
50 %
MISC Berhad
International shipping and terminal
operating corporation. PETRONAS
is the largest shareholder.
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Who is Summa Group?
Ports and Logistics
Engineering and
Construction
•
Russia’s largest (and third in Europe) port
operator in terms of cargo turnover
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International ports and logistics
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Infrastructure projects in the field of industrial
and civil construction
Design preparation and organization,
construction and construction management
Construction of oil and gas facilities
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One of Russian's largest independent gas production
companies and the main gas supplier of the Republic
of Sakha (Yakutia)
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Engineering services related to the construction and
operation of electric power facilities
Oil and Gas
Power Utilities
Metals and Mining
Telecommunications
SHTANDART TT BV
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Zinc and lead deposits in Russia
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Integrated provider covering 11 Russian cities
and holding licenses to provide
telecommunication services in Kazakhstan and
Ukraine
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Who is VTTI?
Background
•
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Terminals
Joint venture storage and terminal business with
current storage capacity of nearly 6 million cbm.
50/50 company between Vitol and MISC
Berhad, a leading Malaysian-based company.
Ambitions to grow to 8 million cbm by 2013.
Focus on oil products.
Highest standards of HSE management, as well
as customer service.
Growth Strategy & Capability
•
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Grow the terminal network at the crossroads of
major trading and shipping lanes.
Directly manage projects from conception to
completion, applying the VTTI standards
throughout the design, construction and
operations phases – regardless of geography or
size.
SHTANDART TT BV
Future Projects
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Vassiliko, Cyprus
ETT 3, Netherlands
ETA, Netherlands
ATB, Malaysia
Mombasa, Kenya
Total Future Capacity
340,000 cbm
465,000 cbm
75,000 cbm
841,000 cbm
111,000 cbm
1,832,000 cbm
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Primorsk Port is an important link for TEW
Primorsk Port highlights
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Primorsk Trade Port (PTP) handles today more then 40% of
Russian crude oil export by sea.
Primorsk Trade Port has significant growth potential for oil products
and bulk cargo (port expansion is not geographically constrained).
Experienced management and proven track record of operational
excellence.
Full compliance with international standards - ISO 9001 (QMS), ISO
14001 (Environment Management System), OHSAS 18001
(production health and security) as well as the member of OCIMF
since 2008.
Primorsk Berths Nos. 1 and 2
PTP Key clients
Tatnef t
2%
Others
7%
KazTransOil
6%
Rosnef t
35%
Gazprom Nef t
9%
Surgutnef tegaz
12%
TNK-BP
13%
Lukoil
16%
Key RF Crude Oil Outlets, 2009 (MMTA)
Collectively NCSP and PTP transship
around 70 % of Russian crude
SHTANDART TT BV
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Shtandart’s vision at a glance
Strategic export chain for Baltic crude oil and products
TEW Key Mile Stones
• Focus on developing TEW to an “Open”
Urals Crude Oil Hub.
• Development of TEW as a new market
pricing point supported by involvement of
sellers and buyers.
• TEW volume will grow from reliability.
• Enhancing competitive advantages for
Russian and eventually other crude oils as
well as oil products.
Technical and Environmental Features
• Through operational and logistical efficiencies secure
• Around 3 mill. m3 storage capacity and
advantages for Baltic oil shipments to TEW and from there resufficient berth capacity allowing to work
export to the broader markets, benefiting producers, sellers
with any modern sizes of vessels.
and as well as buyers.
• Highest HSE and Quality standards.
• TEW’s strategic location and limited weather impacts ensure
• Minimized environmental footprint.
reliable supply source for refineries and other customers.
• Dedicated marine infrastructure.
• Prestigious new Crude Oil market pricing point concept
• Full electronic documentation processes.
beneficial for everybody.
SHTANDART TT BV
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Artist’s impression of the TEW
SHTANDART TT BV
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Why Shtandart TT BV?
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Develop TEW as an “open” crude hub for Urals crude oil in Northwest Europe, supported
by the following elements:
 The terminal will be open to ANY supplier and lifter of Urals crude oil and oil
products.
 Dedicated, sustainable, low cost and highly efficient link from the Baltic to
customers.
 Throughput rather than storage based revenue model.
 State of the art infrastructure built to the highest environmental standards.
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With development of forwards and futures market, Urals FOB Rotterdam may become
one of the world’s main crude oil price benchmarks.
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Partnership and long-term relationships with the Port of Rotterdam in working together to
develop TEW as a major success story!
Thank you for your attention!
SHTANDART TT BV
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