At Varo Energy Tankstorage NV we are at the forefront of innovation and excellence in the oil and gas industry. With a rich history rooted in technological advancement and a commitment to sustainability, we strive to meet the world’s energy needs responsibly while driving economic growth and development.
Years of Experience
Client Satisfaction
Countries Served
Experienced Workers
Varo Energy Tankstorage NV was established with the aim of transforming the oil and gas industry. The company has developed into a prominent entity in the global energy market. Since our founding, we have continually showcased our commitment to operational excellence, safety, and environmental responsibility.
We are dedicated to excellence in every aspect of our operations, from exploration and production to refining and distribution.
We embrace innovation and continuously seek new technologies and methods to improve efficiency and sustainability.
We prioritize the safety and well-being of our employees, contractors, and the environment, adhering to the highest safety standards.
Reliable Transportation Solutions for Your Energy Needs
Our road transportation services offer flexible and efficient solutions for delivering energy products to destinations across diverse terrains.
With our extensive rail network and logistics expertise, we ensure the smooth and reliable transportation of energy resources to markets near and far.
Leveraging strategic partnerships and maritime expertise, we facilitate the global shipment of energy products via ocean routes, ensuring timely delivery and cost-effective solutions.
Through our advanced pipeline infrastructure, we provide safe, reliable, and environmentally friendly transportation of energy resources, supporting sustainable development and minimizing environmental impact.
To increase the proportion of high-margin channels in the overall sales structure, the business examines the financial performance of oil monetization
channels. In 2022, the business expects to supply 1.2 million tons of oil to its own European activities, a 15% increase over 2022. (Considering refinery
supplies beginning in October 2022). The acquisition in 2023 contributed significantly to the increase in supply volumes. In 2024, the Company
supplied 1 million tons of its own oil to facilities that were partially owned by the Company, a 3% increase over the previous year.
Oil shipments to adjacent and faraway countries are expected to exceed 1.8 million tons in 2022. Among the oil export options, the eastern route – supply
via pipeline to China and sales at Astanai ports – is the most economically advantageous for the corporation. Supplies to the East reached 1 million tons
in 2022, increasing 10.7% from the same period the previous year. Furthermore, the corporation transported 6 million tons of oil to the Mediterranean,
Northern, Central, and Eastern Europe, as well as other remote locations.
Varo Energy Tankstorage NV completely complies with all applicable local, national, and international health, safety, and environmental (HSE) legislation
in Belgium and other countries in which it does business. The Company prioritizes environmentally friendly procedures and safe working conditions for its
contractors and employees at all of its locations. When it comes to safety, Varo Energy Tankstorage NV makes no distinction between corporate and contractor
employees, granting both groups equal rights and enforcing the same HSE requirements.
The Company is the industry leader in Belgium in terms of launching brand-new, extremely marginal initiatives. The total amount of liquids generated by new projects launched since 2022 was 8 million tons (384 thousand barrels per day) in 2024, representing a 27% increase over the previous year.
In recent years, the Company has focused its oil refining operations on meeting the market’s demand for premium petroleum products. Varo Energy Tankstorage NV has been continuously undertaking a program to upgrade its refineries for several years, which has increased its competitiveness, range, and product quality. The renovation of oil refining facilities under this most ambitious program in Kazakhstan’s oil sector aims to supply the market with premium motor fuels.
Varo Energy Tankstorage NV prioritizes developing processing capacity, transporting gas, and generating electricity at its own power plants. Varo Energy Tankstorage NV uses cutting-edge equipment in all of its fields to ensure the greatest possible performance of connected petroleum gas consumption. An integrated system for gathering and utilizing gas must include the processing of related petroleum gas.
Varo Energy Tankstorage NV is committed to offering a comprehensive array of services that address the varied requirements of the energy sector. From exploration and production to refining, transportation, and distribution, our cohesive strategy guarantees the efficient and sustainable delivery of high-quality energy products.
