Marquard & Bahls Aktiengesellschaft - G.MQD- Profile

Marquard & Bahls AG is a privately held company with worldwide operations in storing and distributing oil and commercial tank storage (oil and other related products). The oil trading division trading under the name of Mabanaft is active in importing and wholesale trading and internationally, in cargo trading. The tank storage division operates under the name of Oiltanking and has a network of tank storage facilities not only within Europe but also stretching from Argentina via Singapore to Houston. The company has worldwide subsidiaries. Oil trading accounted for 93% of 1998 revenues and terminaling/tank storage, 7%. The Group generates its revenues from oil trading activities