Compañía Logística de Hidrocarburos
Sociedad Anónima | |
Industry | Logistics industry |
Founded | 1927 |
Headquarters | Madrid, Spain |
Key people | José Luis López de Silanes (Chairman and CEO) |
Services | Storage and transportation of oil products |
Website |
www |
The CLH Group, which is made up of Compañía Logística de Hidrocarburos, CLH S.A. and its subsidiary company, CLH Aviación S.A., is the leading company in Spain for the transportation and storage of oil products. The company has an 85-year history, as it comes from what used to be (CAMPSA) (Compañía Arrendataria del Monopolio de Petróleos). CLH is the result of the spin-off, in 1992, of the commercial assets of the former CAMPSA that was carried out as the culmination of the process for deregulating the oil sector after the approval of new European Community laws that ended the oil monopoly. The CLH Group's main activity consists of transporting oil products – essentially gasolines, diesels, fuel oils and aviation fuels – from the refineries to the storage facilities the company has distributed across the whole of Spain, where its customers' tank trucks load these products and deliver them to the end consumers.[1] CLH holds logistics service contracts for the use of its facilities with most of the operators that do business in Spain, and competes with more than a dozen logistics companies that provide the Spanish market with storage and transportation services.
The International Energy Agency has given recognition to the flexibility and capacity this integrated storage and transportation system has for responding to unforeseen events.[2] The company also provides services related to consultancy and advice for international companies in the oil or logistics sectors, gaining its first experiences in countries such as Brazil, Colombia and Oman. Another service that CLH is fostering is strategic storage for European Union countries.[3]
On the other hand, CLH Aviación, created in 1997 and a wholly owned subsidiary of CLH, operates at most of the Spanish airports in the Iberian Peninsula and Balearic Islands, offering services for the storage, distribution and into-plane supply of aviation fuels and lubricants. CLH Aviación also provides advice and technical assistance for the installation and maintenance of distribution networks for different types of aviation fuel. The company has been given recognition by outside bodies, for example the highest rating in the world for sustainability in its sector, given by SAM (Sustainable Asset Management),[4] the European Seal of Excellence 500+,[5] various quality certificates from AENOR and the Family-Responsible Company (EFR) seal of approval.[6]
Share structure
Royal Decree-Law 6/2000 prohibits any CLH shareholder from holding more than 25% of the total number of company shares.
The shareholdings are distributed as follows:
Shareholders | Percentage | Society | Percentage |
---|---|---|---|
Cepsa | 14.15% | - | - |
Repsol YPF | 10.00% | - | - |
Oman Oil | 10.00% | Oman Oil Holdings Spain, S.L. | 10.00% |
Marthilor | 10.00% | ||
AMP Capital Investors | 10.00% | Global Matafion, S.L. | 10.00% |
BBK | 5.00% | Kartera 1, S.L. | 5.00% |
BP | 5.00% | BP Oil España, S.A. | 5.00% |
Galp | 5.00% | Petrogal Españols, S.A. | 5.00% |
FROB | 5.00% | - | - |
Deutsche Bank | 5.00% | Global Kamala, S.L.U. | 5.00% |
Her Majesty The Queen in Right of Alberta | 5,00% | Global Ramayana, S.L. | 5,00% |
Stichting Pensioenfonds Zorg en Welzijn | 5,00% | Global Winche, S.L. | 5,00% |
Public Sector Pension Investment Board | 5,00% | Global Noray, S.L. | 5,00% |
Global Salamina | 5.00% | - | - |
Infrastructure
Storage
CLH has 38 storage facilities, with a capacity of 7.8 million cubic metres, for all types of oil products. They are distributed across the whole of Spain and the Balearic Islands.
Pipelines
The company has a network of more than 4,000 kilometres (2,500 mi) of pipeline that connect the eight Spanish refineries with the storage facilities. The CLH Group logistics system is the most extensive civil pipeline network in Western Europe.
Merchant fleet
The CLH Group has two tankers in its fleet, the Tinerfe and the Castillo de Trujillo, that are used for transporting fuel to the Balearic Islands and to areas in the Peninsula that are not reached by the pipeline network.
Name | Capacity (m³) | Gross registered tons |
---|---|---|
Tinerfe | 18.611 | 11.259 |
Castillo de Trujillo | 37.637 | 21.656 |
Airport facilities
CLH Aviación has 28 airport facilities that are located at the major Spanish airports in the Iberian Peninsula and Balearic Islands, where it provides aviation fuel supply services to aircraft.
At Madrid/Barajas, Barcelona, Palma, Malaga and Alicante, the company has hydrant networks laid beneath the airport apron, which enable aircraft to be refuelled without the need to use tanker vehicles. It also has a fleet of 113 refuellers and 48 hydrant dispenser vehicles that are specially designed for supplying aircraft with fuel.
References
- ↑ New investments, the same commitment
- ↑ CLH is to store part of Ireland's strategic fuel reserves
- ↑ International Energy Agency Report: Oil & Gas Security Emergency Response of IEA Countries
- ↑ CLH is among the most sustainable companies in its sector
- ↑ CLH receives the EFQM European Seal of Excellence 500+
- ↑ CLH renews its Family-Responsible Company certification