05/10/2017

The chairman of the CLH Group, José Luis López de Silanes, explains the company’s activities at the Spanish Senate

The chairman of the CLH Group, José Luis López de Silanes, was present earlier today at the meeting of the Energy, Tourism and Digital Agenda Commission in order to explain the company’s activities and the investments programmed in the strategic plan for 2017-2021.

In his speech, López de Silanes highlighted the transformation process carried out by the company since the disappearance of the monopoly in the 1980s, which has enabled it to become the leader in the industry in Spain and to undertake an ambitious international expansion plan.

In this regard, the chairman of the CLH Group stated that the current strategic plan contemplates investments of nearly 830 million euros in the 2017-2021 period, nearly half of which will be used in the promotion of international growth and expansion.

About the CLH Group

The CLH Group is the leading company engaged in the transport and storage of oil products in the Spanish market. In Spain, it has a pipeline network of over 4,000 kilometres in length and 40 storage facilities with capacity for 8 million cubic metres, as well as 28 airport facilities located at major airports, such as Madrid-Barajas Adolfo Suarez, El Prat, Palma de Mallorca and Malaga.

Internationally, the company is present in the United Kingdom, through its subsidiary CLH-PS, where it manages 2,000 kilometres of oil pipelines and 15 storage facilities with a capacity of one million cubic metres.

In Ireland, the company manages the fuel storage facility at Dublin airport. Through CLH Aviation Ireland Ltd., it provides Jet A1 receipt, storage and dispatch logistics services, in addition to carrying out the expansion and modernisation of the infrastructure.

CLH is also developing a major project in the Sultanate of Oman, where it has established a company named OLC in conjunction with Orpic, which is building a pipeline and a storage facility in the country.