News
Continued Expansion for Mabanaft Limited
21.08.2009 - London:
Mabanaft Limited is delighted to announce that it has recently concluded an Agreement with NuStar Terminals Limited for the storage of petroleum products in Belfast, Northern Ireland. This additional storage location further supports Mabanaft’s strategy to continue to develop and enhance its profile within the Distributor market and throughout the United Kingdom.
Stephen Rhodes, Marketing Manager – Mabanaft Limited states “This Agreement represents another new and exciting opportunity for Mabanaft as we seek to continually grow our presence within the Oil Distributor sector. Northern Ireland has a strong and sustainable demand for petroleum products – Mabanaft is now looking forward to working closely with the market place to establish a long-term presence in Northern Ireland”.
Stephen Rhodes also added “With a diverse range of pricing tools at its disposal, Mabanaft’s entry into Northern Ireland will provide Distributors with alternative purchasing options as well as additional supply security”.
Speaking on behalf of NuStar Terminals Limited, Graham Jenkins, Sales Manager, added “NuStar is delighted to welcome Mabanaft to Northern Ireland. We have a modern and robust oil storage facility located in Belfast that is highly regarded in Northern Ireland. We are confident that with the combination of Mabanaft’s marketing ambition and NuStar’s operational strength, Distributors in Northern Ireland will welcome and support this important development.”
About Mabanaft Limited
Mabanaft Limited has operated in the UK from its London base for over 40 years. The company supplies automotive and heating fuels to commercial customers from storage facilities at Grays, Cardiff, Avonmouth, Immingham, Seal Sands, Grangemouth and now Belfast.
Mabanaft Limited is a subsidiary of Mabanaft GmbH & Co. KG, the trading division of Marquard & Bahls, Hamburg, a leading independent petroleum company, privately owned. The business encompasses international trading and the import and wholesale of petroleum products. Furthermore, the company is active in service stations, heating-oil retail, lubricants, biofuels and bunker services. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide.
For more information on Mabanaft Limited, Mabanaft and Marquard & Bahls, please visit www.mabanaft.co.uk, www.mabanaft.com and www.mbholding.com.
About NuStar
NuStar Energy L.P. is a publicly traded, limited partnership based in San Antonio, Texas, with 8,407 miles of pipeline, 82 terminal facilities, four crude oil storage tank facilities and two asphalt refineries with a combined throughput capacity of 104,000 barrels per day. One of the largest asphalt refiners and marketers in the U.S. and the third largest independent liquids terminal operator in the world, NuStar has operations in the United States, the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. The partnership’s combined system has nearly 91 million barrels of storage capacity, and includes two asphalt refineries, crude oil and refined product pipelines, refined product terminals, a petroleum and specialty liquids storage and terminaling business, as well as crude oil storage facilities. For more information, visit NuStar Energy L.P.'s Web site at www.nustarenergy.com.
For media inquiries, please contact:
Mark Rolph
Managing Director
Mabanaft Limited
+ 44-207-470 7600
mark.rolph@mabanaft.co.uk