Port of RotterdamRussia’s premium gateway for (oil) and oil products to world markets

Port of RotterdamRussia’s premium gateway for (oil) and oil products to world markets

Louis MonninkhofMoscow, 24 June 2009

Agenda

Port of Rotterdam

Rotterdam Oil & Chemical cluster

Main export and import markets

Rotterdam Energy Port

Maasvlakte 2

Port of Rotterdam Authority Main Responsibilities

Land lord

Nautical management

4 Goals

Efficient

Safe & secure

Comprehensive

Clean

Strategies

Investment strategy

Network strategy

Port of Rotterdam at present

Maasvlakte Europoort Botlek Pernis Waal/Eemhaven

industrial area

logistics hub

metropolitan area

distribution

Port area 10.500 ha; 5.000 ha for industrial activities

Draught 23 meters; 34.000 vessels in 2008

Tankstorage: 28 Mio m³

Annual turnover / investments

0

100

200

300

400

500

600

2001 2002 2003 2004 2005 2006 2007 2008

annual turnover

Investments

Major European ports, 2008

0

50

100

150

200

250

300

350

400

Rotterdam

Antwerp

Hamburg

Marseilles *)

Amsterdam

Novorossiysk

Le Havre

Primorsk

Algeciras *)

Bremen

Constantza *)

St. Petersburg

Valencia

Dunkirk

Genova

London

Barcelona

Zeebrugge

Wilhem

shaven

Sealand Seaports

Unit: Gross weight x 1 million metric tons

Import (313.0 mln tons)

Export (108.1 mln tons)

by commodity at the port of Rotterdam, 2008

0 15 30 45 60 75 90 105

Other general cargo

Containers

Roll on/roll off

Other liquid bulk goods

Mineral oil products

Crude oil

Other dry bulk goods

Coal

Ores and scrap

Agribulk

Import Export

Liquid bulk amounts almost 50% of total turnover

Structure oil & chemical cluster Oil refineries (5)

Oil terminals (6)

Petrochemical companies (44)

Major industrial gas producers (3)

3-rd party tank storage & distribution terminals (19)

Over 1500 km intercompany pipeline network

Specialized warehousing for hazardous cargoes

Tank cleaning companies

Utility companies

Waste inceneration and disposal companies

Wide range of ancillary service companies

Other; 14,0%

Algeria; 3%

Iran; 4%

Angola; 3%

Norway; 13%

United Kingdom; 14%

Saudi Arabia 19%

Russia; 31%

80% of 100 mln ton imported crude oiloriginated from a few regions

Increasing Russian crude imports

Incoming crude oil to Rotterdam, 1982-2008

100,4

31

812

5 46 8

11

22

27 29 29 31

31

0

20

40

60

80

100

120

1982 1984 1990 1992 1996 1999 2001 2003 2004 2005 2006 2007 2008

period

* m

ln to

ns

0

15

30

45

60

%

Total incoming Russian imports % share Russia

Russian crude imports by region

Rotterdam: incoming crude oil from Russia - by region - 2008 - (total 31 mln t.)

Baltic8,1%

Black Sea5,7%

Gulf of Finland79,5%

Northern Europe6,8%

company tanks cap. in m3

1. Maasvlakte Oil Terminal 36 4,000,000

2. BP 15 1,300,000

3. Shell Europoort Terminal 33 2,100,000

4. TEAM Terminal 33 2,800,000

5. Maatschap Europoort Terminal 19 1,400,000

6. Vopak Terminal Europoort 750,000

Tankstorage (crude oil) 1 2 3 65

Crude oil:discharged at 6 Oil Terminals

Total crude oil storage capacity:12.35 mln m3

4

100 100

GelsenkirchenRuhroel

(BP-Pedevesa)

Godorf/WesselingShell

AntwerpenTotal, Esso

VlissingenTotal

16162929

66

4949

RotterdamShell, Esso, Q8, Koch, BP

Crude oil supply:transported by pipelines to 10 oil refineries

Crude Oil:5 Oil Refineries at the Port of Rotterdam

company capacity

1. BP 20.5

2. Q8 3.8

3. Koch 3.5

4. Esso 9.1

5. Shell 21.0

Refineriesdistillation capacity in mln tonnes

1

2

3

45

Maasvlakte Europoort Botlek Pernis Waal/Eemhaven

Total refining capacity 58 million tons

Average utilisation rate more than 90%

Refinery basket (NWE)

Naphta7%

Gasoline21%

Jet/Kerosene7%

Diesel22%

Gasoil14%

Fuel Oil13%

Others9%

Refinery fuel& losses

7%

The supply of crude and petroleum products exceeds the local and domestic consumption by far.

In comparison with other EU-countries Rotterdam oil sector therefore has developed a strong focus on exports (about 75% of imports and production).

The scale and strong focus on export markets formed the basis for development of the worldscale hub-position which Rotterdam now enjoys.

Finally the 35,000 vessels annually visiting the port make Rotterdam one of the world largest bunker markets

The supply of crude and petroleum products exceeds the local and domestic consumption by far.

In comparison with other EU-countries Rotterdam oil sector therefore has developed a strong focus on exports (about 75% of imports and production).

The scale and strong focus on export markets formed the basis for development of the worldscale hub-position which Rotterdam now enjoys.

Finally the 35,000 vessels annually visiting the port make Rotterdam one of the world largest bunker markets

Rotterdam export markets

Rotterdam center oil products(million tons in 2008)

Production 49 (est.)

By barge, pipeline, truck, railto NW-Europe: 50 (est.)

Bunker 14

Inbound 36Inbound 36

Outbound 23Outbound 23

Throughput of oil products

Fuel Oil51,3%

Gasoil15,6%

Rest (appr. 100 products)

2,8%

Naphtha13,9%

Jet Fuel5,6%

Gasoline5,4%

Atmospheric Residue

0,8%

Light Cycle Oil1,1%

Hydrocracate3,5%

59 mln tons in 2008

Outgoing oil products by sea

Outgoing oil products from Rotterdam 2007 (total 23,6 mln t.)

Petrol16%

HFO50%

Other3%

Gas-diesel & heating oil28%

Jet fuel3%

51 2 3 4

company tanks cap. in m3

1. Euro Tank Terminal 8 278,000

2. Microchemie 3 45,000

3. De Rijke Terminal 10 10,000

4. Lyondell Europoort 4

5. Vopak Terminal Europoort 84 2,915,900

Tankstorage (oilproducts, chemicals, biofuels)

7 8 11 12 13

17161410 159

company tanks cap. in m3

6. Chemtrade 6 50.000

7. Vopak Laurenshaven 15 925.500

8. Sargeant Terminals 6 31.500

9. Vopak Chemiehaven 100 203.600

10. Rubis 100.000

11. Vopak TTR 89 311.500

12. ServiceTerminal Rotterdam 14 65.000

13. Vopak Botlek Noord 19 118.400

14. Vopak Botlek Zuid 235 645.200

15. LBC 86 80.000

Tankstorage (oilproducts, chemicals, biofuels)

212019

186

Tankstorage (vegoils)

company tanks cap. in m3

18. MaasSilo 25 9.700

19. Maastank International 33 30.500

20. Koole Tank Storage 320 400.000

21. Vopak Vlaardingen 416 415.320

company tanks cap. in m3

16. Odfjell 270 1.540.000

17. Argos 43 400.000

Tankstorage (chemicals, biofuels)

Annual HFO bunker sales in Rotterdam

0

2000

4000

6000

8000

10000

12000

14000

16000

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

% Ship calls vs % Amount of HFO bunkered

0%

10%

20%

30%

40%

50%

60%

70%

% Calls

% HFO Bunkered

_

+

Cornelius Maersk

Bunkercapacity: 11.000 m3

Upscaling inland tankers“Vlissingen”

Increasing gasoil / HFO importsfrom Russia

Incoming HFO & gas / dieseloil to Rotterdam, 1982-2007

25080

14503

43

53

41 41

65

56

7369

63 63

57 58

0

5000

10000

15000

20000

25000

30000

1982 1987 1990 1992 1996 1998 2002 2003 2004 2005 2006 2007

Period

* 10

00 t

on

s

0

15

30

45

60

75

90

%

Total incoming Incoming from Russia % Share Russia

Total incoming oil products in Rotterdam 34 mln tons of which Russia 17.5 million tons

Especially increasing gas & diesel oil imports from Russia

Incoming gas & diesel oil Rotterdam 1982-2007

73

58

45

53

71

55

47

65

51

42

54

59

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

1982 1987 1990 1992 1996 1998 2002 2003 2004 2005 2006 2007

periode

* 10

00 to

n

0

15

30

45

60

75

90

%

Total incoming Incoming from Russia % Share Russia

Maasvlakte Europoort Botlek Pernis Waal/Eemhaven

VopakVopak

OdfjellOdfjell

ArgosArgosSTRSTR

ETT/ETT/VitolVitol

BPBP

HFO exports by sea11 mln tons in 2008

Destinations of HFO exports

HFO exports from Rotterdam, 2008 - (total 11 mln tons)

USA21%

U.K.8%

France2%

Singapore55%

Others14%

13 mln tons in 2007

2002 2003 2004

2005

2006 2007

2008

VLCC’s/ULCC’s

9 5 10 14 12 25 13

Of which:

Discharging crude 1st

2 1 6 10 6 15 7

Total exported HFO (mln tonnes)

5.0 3.3 4.9 7.4 7.0 13 10.9

Rotterdam hub & bunker cluster: exports by # VLCC’s

Rotterdam Energy Port

GOALS:

Refinery hub: European center for oil products export overseas

Gas hub: LNG import in addition to pipeline gas

Power hub: Coal/biomass fired power plants + CO2 capture

CO2 hub: capture in Northwest Europe -> storage North Sea fields

Biofuels hub: import and production of bio-ethanol and biodiesel

Energy efficiency: co-siting, utilities sharing, pipeline infrastructure

The continuous and reliable supply of the port, region, Netherlands and NW-Europe with clean, sustainable and affordable energy

BP Shell

TEAM MET

KPE

RAPL

Vopak

MOT

nieuwe leidingbestaande leiding (RAPL, 3 km)bedrijfsaansluitingen(geen common carrier)

New developments

New developments

New developments New developments

Caland Dolphins:Ship to ship facility

Max. length of ship: 380 m

Max. outgoing draft: 20.90 m

Vopak:New jetty for sea-going vessels and barges

Length: 2 x 285 m, 2 x 135 m

Draft: 17 m, 6 m

ETT/Vitol:New jetty for sea-going vessels

Length: 380 m

Draft: 21 m

Artist impression of Maasvlakte 2Artist impression of Maasvlakte 2

New developments New developments

1.000 new hectares reclaiming from the North Sea (= 20% port extension)

Target sectors Maasvlakte 2

Deepsea container terminals

Distribution activities

Chemical, tankstorage and other (new) process industries

Energy sector

Relocation of existing activities

Thank you for your kind attention!

A perfect match!