Refined Products
Strategic reserve storage capabilities
Strategic reserve storage capabilities
Strategic Planning
Leveraging its experience and capabilities in the region, Hudson Partners has developed a strategic and practical plan to boost the region’s energy security. All countries in the region today face difficulties maintaining adequate, affordable supplies of heavy fuel oil, diesel, and other refined oil products essential to public well-being and economic prosperity. Ukraine, however, confronts especially tough challenges due to Russia’s invasion and the destruction of its refinery capacity.
Increased Storage Capacity
By building increased storage capacity at the Oil Terminal at Romania’s port of Constanta, for example, and utilizing existing rail capabilities, Hudson Partners can draw on its logistical expertise to supply Ukraine, Moldova, and others with needed refined oil products. Hudson Partners will anchor an innovative public-private partnership, investing up to $100 million, to build a second 50,000 MT storage tank in or near the Oil Terminal at Constanta, plus two additional 35,000 MT storage tanks. Most of this additional storage capacity will be devoted to Ukraine.
Additional Resources
Hudson Partners likewise looks to build 240,000 MT of increased refined product storage capacity in Serbia, helping that country meet its legally-mandated obligations for refined oil product stores as well as to supply local markets.
