Mercuria Energy Acquires Oil Terminal in Port of Antwerp

LONDON, October 2 /PRNewswire/ -- Mercuria Energy Asset Management B.V.,
the holding company managing the fixed assets of the Mercuria Energy Group,
is pleased to announce a successful acquisition of Nafta (B) N.V., a company
operating a 830 thousand cubic meter storage terminal for petroleum products
in the Port of Antwerp.
(Photo: http://www.newscom.com/cgi-bin/prnh/20091002/361834 )
The terminal can be used to store a wide range of products from crude oil
and gas condensates to Fuel Oil, middle distillates, light ends and
chemicals. Products are imported by barge and seagoing vessels of up to 100
thousand metric tons, and exported via sea, rail, road and pipeline. The
terminal can be further expanded by an additional 300 to 400 thousand cubic
meters of storage capacity.
Mercuria is currently the largest user of the terminal and regards it as
a strategic asset which can be developed into a major trading hub in the
important Amsterdam-Rotterdam-Antwerp range. The acquisition will allow
Mercuria to benefit from certain economies of scale and synergies with its
other terminals.
Mercuria is fully committed to a significant long-term investment program
which will upgrade the terminal to the latest standards with regard to
safety, health and the environment and which is further aimed at improving
the operational efficiency and service offered to its customers.
http://www.mercuria.com
SOURCE Mercuria Energy Group Ltd

For more information contact: David Ensor, Group Exec. Vice President for
Strategy and Communications, Mercuria Energy Ltd, 66 Grosvenor Street, London,
W1K 3JL, T:+44(0)207-529-4403, F:+44(0)207-529-4436, M:+44(0)7900917243, E:
dbensor@mercuria.com