Ownership
The ownership of oil depots falls into three main categories:
- Single oil company ownership. When one company owns and operates a depot on its own behalf.
- Joint or consortium ownership, where two or more companies own a depot together and share its operating costs.
- Independent ownership, where a depot is owned not by an oil company but by a separate business which charges oil companies (and others) a fee to store and handle products. The Royal Vopak from the Netherlands is the largest independent terminal operator with 80 terminals in 30 countries.
In all cases the owners may also provide "hospitality" or "pick up rights" at the facility to other companies.
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