'The real growth will be predominantly in gas,' Dutch storage firm says

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Royal Vopak's CEO was speaking to CNBC at the World Economic Forum in Davos, Switzerland.

has emphasized the need for a long-term outlook when deciding how to position the business going forward.

"It's our view that Vopak needs to tilt, or move, towards a higher volume of chemicals and gas," he added. "Well, what we see is that if you look even at all the IEA scenarios, there is still dependency on oil in the long run, but the real growth will be predominantly in gas, and most likely to replace coal."

 

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