for (oiI) and oiI products to worId markets Port of Rotterdam Russia's premium gateway for (oiI) and oiI products to worId markets Louis Monninkhof Moscow, 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 nvestment strategy Network strategy Port of Rotterdam at present MaasvIakte Europoort BotIek Pernis WaaI/Eemhaven industriaI area Iogistics hub metropoIitan area distribution Port area 10.500 ha; 5.000 ha for industriaI activities Draught 23 meters; 34.000 vesseIs in 2008 Tankstorage: 28 Mio m Annual turnover / investments 0 100 200 300 400 500 600 2001 2002 2003 2004 2005 2006 2007 2008 annuaI turnover Investments Major European ports, 2008 0 50 100 150 200 250 300 350 400 R o t t e r d a m A n t w e r p H a m b u r g M a r s e i I I e s
* ) A m s t e r d a m N o v o r o s s i y s k L e
H a v r e P r i m o r s k A I g e c i r a s
* ) B r e m e n C o n s t a n t z a
* ) S t .
P e t e r s b u r g V a I e n c i a D u n k i r k G e n o v a L o n d o n B a r c e I o n a Z e e b r u g g e W i I h e m s h a v e n S e a I a n d
S e a p o r t s 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 generaI cargo Containers RoII on/roII off Other Iiquid buIk goods MineraI oiI products Crude oiI Other dry buIk goods CoaI Ores and scrap AgribuIk mport Export Liquid buIk amounts aImost 50% of totaI turnover Structure oiI & chemicaI cIuster OiI refineries (5) OiI terminaIs (6) PetrochemicaI companies (44) Major industriaI gas producers (3) 3-rd party tank storage & distribution terminaIs (19) Over 1500 km intercompany pipeIine network SpeciaIized warehousing for hazardous cargoes Tank cIeaning companies UtiIity companies Waste inceneration and disposaI companies Wide range of anciIIary service companies Other; 14,0% AIgeria; 3% Iran; 4% AngoIa; 3% Norway; 13% United Kingdom; 14% Saudi Arabia 19% Russia; 31% 80% of 100 mIn ton imported crude oiI originated from a few regions Increasing Russian crude imports Incoming crude oiI to Rotterdam, 1982-2008 100,4 31 8 12 5 4 6 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 I n
t o n s 0 15 30 45 60 % Total incoming Russian imports % share Russia Russian crude imports by region Rotterdam: incoming crude oiI from Russia - by region - 2008 - (totaI 31 mIn t.) BaItic 8,1% BIack Sea 5,7% GuIf of FinIand 79,5% Northern Europe 6,8% company tanks cap. in m 3 1. MaasvIakte OiI TerminaI 36 4,000,000 2. BP 15 1,300,000 3. SheII Europoort TerminaI 33 2,100,000 4. TEAM TerminaI 33 2,800,000 5. Maatschap Europoort TerminaI 19 1,400,000 6. Vopak TerminaI Europoort 750,000 Tankstorage (crude oiI) 1 2 3 6 5 rude oil: discharged at 6 Oil Terminals Total crude oil storage capacity: 12.35 mln m 3 4 100 100 GeIsenkirchen RuhroeI (BP-Pedevesa) Godorf/WesseIing SheII Antwerpen TotaI, Esso VIissingen TotaI 16 16 29 29 6 6 49 49 Rotterdam SheII, Esso, Q8, Koch, BP Crude oiI suppIy: transported by pipelines to 10 oil refineries Crude OiI: 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. SheII 21.0 Refineries distiIIation capacity in mIn tonnes 1 2 3 4 5 MaasvIakte Europoort BotIek Pernis WaaI/Eemhaven TotaI refining capacity 58 miIIion tons Average utiIisation rate more than 90% Refinery basket (NWE) Naphta 7% GasoIine 21% Jet/Kerosene 7% DieseI 22% GasoiI 14% FueI OiI 13% Others 9% Refinery fueI & Iosses 7% The supply of crude and petroleum products exceeds the local and domestic consumption by far. n 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. n 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 oiI products (million tons in 2008) Production 49 (est.) By barge, pipeIine, truck, raiI to NW-Europe: 50 (est.) Bunker 14 Inbound 36 Inbound 36 Outbound 23 Outbound 23 Throughput of oiI products FueI OiI 51,3% GasoiI 15,6% Rest (appr. 100 products) 2,8% Naphtha 13,9% Jet FueI 5,6% GasoIine 5,4% Atmospheric Residue 0,8% Light CycIe OiI 1,1% Hydrocracate 3,5% 59 mIn tons in 2008 Outgoing oiI products by sea Outgoing oiI products from Rotterdam 2007 (totaI 23,6 mIn t.) Petrol 16% HFO 50% Other 3% Gas-diesel & heating oil 28% Jet f uel 3% 5 1 2 3 4 company tanks cap. in m 3 1. Euro Tank TerminaI 8 278,000 2. Microchemie 3 45,000 3. De Rijke TerminaI 10 10,000 4. LyondeII Europoort 4 5. Vopak TerminaI Europoort 84 2,915,900 Tankstorage (oiIproducts, chemicaIs, biofueIs) 7 8 11 12 13 17 16 14 10 15 9 company tanks cap. in m 3 6. Chemtrade 6 50.000 7. Vopak Laurenshaven 15 925.500 8. Sargeant TerminaIs 6 31.500 9. Vopak Chemiehaven 100 203.600 10. Rubis 100.000 11. Vopak TTR 89 311.500 12. ServiceTerminaI Rotterdam 14 65.000 13. Vopak BotIek Noord 19 118.400 14. Vopak BotIek Zuid 235 645.200 15. LBC 86 80.000 Tankstorage (oiIproducts, chemicaIs, biofueIs) 21 20 19 18 6 Tankstorage (vegoiIs) company tanks cap. in m 3 18. MaasSiIo 25 9.700 19. Maastank InternationaI 33 30.500 20. KooIe Tank Storage 320 400.000 21. Vopak VIaardingen 416 415.320 company tanks cap. in m 3 16. OdfjeII 270 1.540.000 17. Argos 43 400.000 Tankstorage (chemicaIs, biofueIs) AnnuaI HFO bunker saIes in Rotterdam 0 2000 4000 6000 8000 10000 12000 14000 16000 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 % Ship caIIs vs % Amount of HFO bunkered 0% 10% 20% 30% 40% 50% 60% 70% G e n e r a l
C a r g o T a n k e r s O t h e r C o n t a i n e r s h i p s B u l k c a r r i e r s % Calls % HFO Bunkered _ + CorneIius Maersk Bunkercapacity: 11.000 m3 UpscaIing inIand tankers "VIissingen" Increasing gasoiI / HFO imports from Russia Incoming HFO & gas / dieseIoiI to Rotterdam, 1982-2007 25080 14503 43 53 41 41 65 56 73 69 63 63 57 58 0 5000 10000 15000 20000 25000 30000 1982 1987 1990 1992 1996 1998 2002 2003 2004 2005 2006 2007 Period *
1 0 0 0
t o n s 0 15 30 45 60 75 90 % Total incoming ncoming from Russia % Share Russia TotaI incoming oiI products in Rotterdam 34 mIn tons of which Russia 17.5 miIIion tons EspeciaIIy increasing gas & dieseI oiI imports from Russia Incoming gas & dieseI oiI 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 *
1 0 0 0
t o n 0 15 30 45 60 75 90 % Total incoming ncoming from Russia % Share Russia MaasvIakte Europoort BotIek Pernis WaaI/Eemhaven Vopak Vopak OdfjeII OdfjeII Argos Argos STR STR ETT/ ETT/ VitoI VitoI BP BP HFO exports by sea 11 mIn tons in 2008 Destinations of HFO exports HFO exports from Rotterdam, 2008 - (totaI 11 mIn tons) USA 21% U.K. 8% France 2% Singapore 55% Others 14% 13 mIn 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 TotaI exported HFO (mIn tonnes) 5.0 3.3 4.9 7.4 7.0 13 10.9 Rotterdam hub & bunker cluster: exports by # VLs 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 BiofueIs 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 SheII TEAM MET KPE RAPL Vopak MOT nieuwe Ieiding bestaande Ieiding (RAPL, 3 km) bedrijfsaansIuitingen (geen common carrier) ew developments ew developments ew developments ew developments CaIand DoIphins: Ship to ship faciIity Max. Iength of ship: 380 m Max. outgoing draft: 20.90 m Vopak: New jetty for sea-going vesseIs and barges Length: 2 x 285 m, 2 x 135 m Draft: 17 m, 6 m ETT/VitoI: New jetty for sea-going vesseIs Length: 380 m Draft: 21 m Artist impression of MaasvIakte 2 Artist impression of MaasvIakte 2 ew developments ew developments 1.000 new hectares recIaiming from the North Sea (= 20% port extension) Target sectors MaasvIakte 2 eepsea container terminals istribution activities Chemical, tankstorage and other (new) process industries Energy sector Relocation of existing activities Thank you for your kind attention! A perfect match!