In past few years ELG has developed new approaches to stockholding that respond to recent oil market trends. Today, we can offer tailored solutions that enable our customers to use their own resources to meet their stockholding obligations. The expertise we gained in the process has made us the partner of preference for importers with stockholding obligations, and Austria’s largest oil stockholding business. Our customer base includes both multinational and local oil companies.
ELG’s designation as the central stockholding entity for Austria attests to its strong performance, which reflects its close cooperation with government departments and the oil companies.
Besides our core stockholding business, our new tank farm operation activities, carried out by our units, are now making the expected contribution the results.