From exploration studies and drilling campaigns to gas processing, marine logistics, and downstream distribution, Varo Energy Tankstorage NV provides an integrated slate of oil & gas capabilities tailored to African realities.
The company purpose is to bring you the energy you need for your day to day life and harness natural energy resources
for human benefits, while reducing impact to the environment.
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.
The upstream division of the company is responsible for our activities in oil and gas exploration, field surveys,
drilling, development and production. We achieve this through our global technical and operating functions.
We aim to have a competitively advantaged in refining and petrochemicals in the downstream segment, to run a
safe and reliable operations across all our businesses.
Years of Experience
Client Satisfaction
Countries Served
Experienced Workers
Our exploration and production teams are at the forefront of unlocking the earth's energy resources. Through advanced technology and expertise, we identify and develop oil and gas reserves, maximizing their potential while adhering to the highest safety and environmental standards.
In our state-of-the-art refineries, we refine crude oil into a variety of valuable products, including gasoline, diesel, jet fuel, and petrochemicals. With a focus on efficiency and quality, we ensure that our products meet the stringent specifications of our customers and regulatory requirements.
With a diverse fleet of vehicles and strategic partnerships, we offer reliable transportation solutions for delivering energy products to markets near and far. Whether by road, rail, ocean, or pipeline, we prioritize safety, reliability, and efficiency to ensure timely delivery and customer satisfaction.
Our extensive distribution network allows us to reach customers around the globe with precision and reliability. From local markets to international destinations, we tailor our distribution strategies to meet the unique needs of each customer, ensuring seamless delivery of energy products wherever they are needed.
At Varo Energy Tankstorage NV sustainability is at the heart of everything we do. We are committed to minimizing our environmental footprint, reducing emissions, and promoting sustainable practices throughout our operations. By investing in clean technologies and renewable energy, we are shaping a brighter, more sustainable future for generations to come.
As a responsible corporate citizen, environmental stewardship is at the core of everything we do at Varo Energy Tankstorage NV We are committed to minimizing our carbon footprint, reducing emissions, and conserving natural resources. Through investments in clean technologies, energy efficiency, and sustainable practices, we strive to mitigate our environmental impact and contribute to a greener, more sustainable future.
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.
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.
GAZNEFT LLC has been an invaluable partner in our energy supply chain. Their commitment to reliability and quality has consistently exceeded our expectations, making them a trusted cornerstone of our operations.
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.
