Compañía Logística de Hidrocarburos

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:

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.

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

External links

• Official website
• Stock market listing data