Gothenburg opens new cavern

24.03.16. Sweden’s Port of Gothenburg has begun operations at an underground oil storage cavern.
The cavern is 600,000 cbm and will be operated by independent company Scandinavian Tank Storage, which already operates another cavern opened in 2009.
“Our strategic location between the Baltic Sea and the North Sea is generating a demand for storage of crude oil. With a further cavern we will be in a position to reinforce our role as the primary energy port in the Nordic region,” said Jill Söderwall, vice president and head of commercial operations at Gothenburg’s Energy Port.
The caverns are located in Tor Harbour, one of three energy harbours in Gothenburg. This is also the deepest point of the port at 20.5m.
“We can receive tankers that are unable to enter the Baltic, which makes us an ideal transhipment hub for crude oil. Following interim storage, the oil can be shipped out from here onto the world market,” added Söderwall.
The first vessel carrying crude oil for the new cavern is due to arrive in about a year from now.