Moving Energy


Pipelines & Storage

Investments in pipeline and storage assets provide Gunvor with the logistical flexibility to efficiently place different crude grades into various markets, enabling us to quickly take advantage of arbitrage opportunities.

Transalpine (TAL) Pipeline

Gunvor has a minority stake in the Transalpine Pipeline (TAL), which is of strategic importance in securing supplies to the land-locked Gunvor Refinery Ingolstadt in Germany. The 753-kilometer pipeline connects the Port of Trieste in Italy (via Italy, Austria and Germany) to the German states of Bavaria and Baden-Württemberg.

Petroterminal de Panama

Gunvor holds a minority stake in Petroterminal de Panama, whose primary asset is a pipeline with a 600,000 barrels per day throughput capacity that links the Pacific and Atlantic oceans. There are also storage locations at both ends with a total of around 9 million barrels split between the two coasts. The pipeline offers a shortcut for crude cargoes around Latin America and an alternative to the Panama Canal. It gives us increased sourcing opportunities, a market presence in the Americas and access to additional storage capacity.