Tank Farm Lease Agreement and Oil Trading Advisory – AWR Lloyd

AWR Lloyd worked with a Southeast Asian oil tank farm and terminal company with over 2 million barrels of storage capacity to secure its first long term tank rental contract with a large oil refining company after a period of financial restructuring. AWR Lloyd assisted in the drafting and negotiation of the agreement. We then advised the tank farm on the activation of its customs free zone license – and introduced a large Singapore-based oil trading company as a new customer. AWR Lloyd has since negotiated and secured four medium term agreements for the tank farm with the trading customer involving sub-contract profit sharing and trading profit sharing arrangements.