ASSOCIATE COMPANIES 

      
Inpetro SARL, Beira – Mozambique: (IPG share 40% )
 
Inpetro owns and operates petroleum products storage terminal with storage capacity of 95,000 cbm constructed at a total capital cost of US $26 million.

Other shareholders are:
  • PETROMOC – National Oil Company of the Republic of Mozambique
  • National Oil Company of Zimbabwe (PVT) Limited (NOCZIM)



     
Arabtank Terminals Ltd (ATTL) - Yanbu – Kingdom of Saudi Arabia: (IPG share 36.5%)
 
ATTL owns and operates a storage facility of 271,200 cbm, of which 252,000 cbm is for petroleum products with a capital cost of US $60 million and 19,200 cbm for chemical products. Petroleum storage capacity was fully commissioned in December 2008. Expansion plans to double the petroleum products capacity is also being pursued.

Other shareholders are:
  • Emirates National Oil Company (ENOC)
  • Saudi Arabian Refining Company (SARCO)
 
 
      Horizon Tangiers Terminals SA (HTTSA) - Morocco: (IPG share 32.5%)
 
The Consortium IPG-HTL-Afriquia was awarded the Concession Agreement for 25 years in November 2006 for the construction and operation of hydrocarbon products storage and bunkering facilities at the Port Tangiers, Morocco. The storage facility will have a capacity of 508,000 cbm with a capital cost of Euro 115 million.

Other shareholders are:  
  • Horizon Terminals Limited (HTL), 100% subsidiary of Emirates National Oil Company (ENOC)
  • Afriquia SMDC
 
 
      Horizon Djibouti Holdings Limited (HDHL) - Djibouti: (IPG share 22.22%)

HDHL owns 90 % of the Horizon Djibouti Terminals Limited (HDTL), with the remaining balance (10%) owned by Govt. of Djibouti. HDTL owns and operates an independent storage terminal for petroleum products, LPG, chemicals and edible oils with a storage capacity of 370,000 cbm constructed at a capital cost of US $100 million.

Other shareholders are:
  • Horizon Terminals Limited (HTL)
  • Boreh International Limited (BIL)
  • Essense Management Limited (EML)

 

       Horizon Singapore Terminals Private Limited (HSTPL) - Singapore: (IPG share 15%)
 
HSTPL owns and operates an independent petroleum storage terminal with a storage capacity of 1.2 million cbm and 4 jetties at a capital cost of US $299 million.

 
Other shareholders are:
  • Horizon Terminals Limited (HTL)
  • Boreh International Limited (BIL)
  • Korea Energy Asia Pte. Limited (SK)
  • Martank BV (MBV)
 

      Asia Petroleum Limited (APL) – Pakistan: (IPG share 12.5% )

APL owns and operates a petroleum products pipeline (including pumping station and storage) in Pakistan. The pipeline runs from Zulfiqarabad terminal at Pipri, Karachi to Hub, Baluchistan to transport Fuel Oil for HUBCO Power Plant. The facility was constructed at a total capital cost of US $100 million.

Other shareholders are:
  • Pakistan State Oil (PSO)
  • Asia Infrastructure Ltd of Singapore (AIL)
  • VECO International of USA (VECO)


     

Vopak Horizon Fujairah Limited (VHFL) – UAE: (IPG share 10%)

VHFL owns and operates an independent petroleum products storage terminal in Fujairah with a current storage capacity of 1.48 million cbm including marine facilities with 4 berths and one single point mooring (SPM), at a total capital cost of US $250 million. Expansion plans are being pursued by the company.
 
Other shareholders are:
  • VOPAK Oil Logistics Europe & Middle East B.V. of Netherlands (VOPAK)
  • Horizon Terminals Limited (HTL)
  • VITOL SA
  • The Government of Fujairah