New agreement to explore the possibility of storing future green fuels in Aalborg.

Aalborg

Port of Aalborg and Scandinavian Tank Storage just signed a cooperation agreement. With this new deal, the two parties will further develop the tank facilities at the coal and oil terminal at Nordjylland Power Station. Among other things, the parties will explore how the tank facility can be used to store future green fuels.

Since 2015, the Port of Aalborg has operated four 55,000 cubic meter tanks at the coal and oil terminal close to Nordjylland Power Station. Today, the tanks are used for storing marine fuels, but this might change in the future.

Port of Aalborg has entered into a new cooperation agreement with Scandinavian Tank Storage to help explore how the tank facility can handle green fuels of the future for, among other things, the shipping, industrial and the aviation sectors.

– We are pleased with our collaboration with Scandinavian Tank Storage, which helps accelerate the development of our storage solutions and teaches us how we can meet the future demand for green fuel storage. The transport industry is facing a significant transformation, where fuels derived from Power-to-X and biomass will play an important role. With Scandinavian Tank Storage’s in-depth knowledge and network, we are taking some major long-term steps in handling future fuels, says Senior Commercial Manager at Port of Aalborg, Michael Rosenkilde Lind.
The two parties already initiated a collaboration in 2019, giving Port of Aalborg access to the Nordic oil and fuel storage company’s extensive customer network. However, the partnership is now significantly strengthened with Scandinavia Tank Storage also increasingly focused on developing infrastructure and storage for future sustainable fuels.

– We are delighted with the new agreement, which we believe both parties will benefit from. Over recent years, we have grown significantly and experienced a great demand for facilities such as Port of Aalborg’s. Therefore, it is a natural progression for us to enter into a new long-term partnership agreement that strengthens our future cooperation. Aalborg is an excellent strategic location with good logistical facilities and easy access to the rest of the Nordic region, which is our primary market, says Reynir Gudlaugsson, Marketing and Business Development at Scandinavian Tank Storage.

Future-proofing of tanks facilities in full-swing
Since taking over the operation of the four tanks, Port of Aalborg has completely renovated and future-proofed the facility, making it more energy-efficient and feasible for storage of future green fuels.

– We have already invested heavily in optimizing the tank facilities. In 2020, a heat supply conversion saved 80-90 percent of CO2 emissions. In 2021, the establishment of two new pipelines enabled the handling of various products and alternative fuels such as the so-called e-fuels, says Michael Rosenkilde Lind, whose statement is expanded by Reynir Gudlaugsson:

– Although the fossil fuel storage market currently remains considerable in volume, the demand for alternative fuel storage solutions is growing steadily. Therefore, it’s gratifying to collaborate with like-minded actors who share the same ambitions as us in terms of transitioning current storage facilities and value chains to more sustainable ones, he concludes.

For furtherinformation, please contact:
• Michael Rosenkilde Lind, Senior Commercial Manager, Bulk, Project & Cruise, Port of Aalborg A/S, tel. 29 20 72 11 duck mrl@portofaalborg.com
• Press service: Maja Thordahl Schou, Head of Branding & PR, Port of Aalborg A/S, tel. 22 61 83 08 and mailto: mts@portofaalborg.com

Port of Aalborg A/S
Port of Aalborg is a modern inland port with a 360-degree catchment area, intermodal logistics solutions and focus on the realization of Aalborg Municipality’s business and sustainability strategy. Based on our development strategy, we are increasingly changing the focus from the water side to the land side and the development of the surrounding business park, which has been named as Aalborg’s future growth zone. The Port of Aalborg A/S group comprises 7 subsidiaries and 90 employees. Read more at www.portofaalborg.dk.

Scandinavian Tank Storage
Scandinavian Tank Storage is an independent oil, bio & renewables storage company, headquartered in Gothenburg with terminals and storage projects in Sweden, Iceland, Finland, Denmark, and Norway. Since its formation in 1993, Scandinavian Tank Storage has been guided by the simple philosophy of combining professionalism and cost-effectiveness to stimulate good business and make life easier for customers. Through ownership, joint ventures and long-term partnership agreements, we can always deliver large storage capacity and innovative solutions at competitive prices. Our pursuit of the highest standards and security means that we continuously invest in new technology and efficient infrastructure at our terminals.