Lukoil Inaugurates Lube Storage and Transfer Terminal in Austria

Posted By: Hamid Moarefon: Thursday, April 28, 2016In: Parts

Just recently, Lukoil has opened a bulk lubricant storage and transfer terminal in Vienna. Present during the opening ceremony were Chairman of PJSC LUKOIL Board of Directors Valery Grayfer, President of Vienna Chamber of Commerce and Industry Walter Ruck and President of Vienna Provincial Parliament Harry Kopietz.

The construction of the terminal on the bank of the Danube, which consists of a tank farm and a mooring complex, has become the second phase of the upgrade of the Austrian lube blending plant of LUKOIL Lubricants Europe which LUKOIL purchased in 2014.

Apart from acquiring the highest category of certification, VDA 6.3, from the German Association of the Automotive Industry, Lukoil’s facility is also one of the lubricant suppliers to the automotive assembly facilities of German automakers. The new terminal in Vienna will make it possible to enhance the logistics of base oil supplies from Russia and improve the competitiveness of Lukoil’s end products in Europe.

Hamid Moaref

Hamid Moaref has always been fascinated by cars and the automotive industry. His family has a longstanding association with the industry and has been in the tire business for the past 35 years. Raised in Dubai, Hamid attended Capilano University in Vancouver where he graduated with a BBA in marketing before attending an intensive course in magazine publishing in 2005. He has been the publisher and chief editor of Tires & Parts magazine for the past ten years.