international magazine
03 / 2010


Fredrik Lilja: Imbalances in the global supply chain drive the storage market


Following the 2008-2009 steep downfall in the oil prices, their rally in the summer 2009, and never fading risks of volatility, economically efficient storage business becomes increasingly important in the oil products trade. OILMARKET magazine contacted Nordic Storage, Swedish company, one of the leading oil storage operators in the Baltic and NWE region, President Fredrik Lilja with a brief interview to see how the storage business in the region fares in the stormy waters of credit crunch.