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ELG aims not just to perform its core oil storage function but also to serve as an acknowledged center of expertise in all areas of stockholding. Apart from providing advice and assuming responsibility for compliance with customers’ reporting requirements, this involves forming joint ventures with oil companies, acquiring tankage and operating customers’ tank farms for them.

Another service, offered to all importers and other interested parties, is provision of comprehensive information on the Erdölbevorratungsgesetz 2012 [Oil Stockholding Act 2012] and likely developments in the stockholding industry.

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