About us – Icelandic Tank Storage

info@icelandictankstorage.is

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Skútuvogur, 104 Reykjavík, Iceland

info@icelandictankstorage.is

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+ 92 (246) 0088

Welcome to Icelandic Tank Storage

We are committed to excellence, safety, and reliability, ensuring that you can trust us completely for all your oil storage and terminal operations.

With over 28 years of excellence in oil and gas storage solutions, Icelandic Tank Storage is a trusted leader in the industry. We specialize in the safe, secure, and efficient storage of petroleum products, ensuring seamless operations for our clients worldwide. Our commitment to innovation, safety, and environmental responsibility sets us apart as a preferred partner in the energy sector.

Building Construction

Who We Are

Founded in 1996, Icelandic Tank Storage has established itself as a pillar of reliability in the oil and gas industry. Our state-of-the-art storage terminals are designed to meet the highest international standards, ensuring both operational efficiency and environmental compliance. With nearly three decades of expertise, we have built a reputation for excellence, safety, and customer-centric solutions.

Our success is driven by a highly skilled team of professionals, each bringing unparalleled industry knowledge and innovative thinking to every project. Whether handling large-scale fuel storage or providing customized logistics solutions, we continuously strive to exceed industry standards and client expectations.

What We Do

At Icelandic Tank Storage, we offer comprehensive storage solutions tailored to meet the diverse needs of our clients. Our facilities are equipped to safely handle, store, and manage various petroleum products, ensuring optimal conditions at all times.

Our services include:
✅ Large-scale oil and gas storage with cutting-edge infrastructure
✅ Custom storage solutions tailored to specific client requirements
✅ Advanced monitoring technology for real-time inventory tracking
✅ Seamless logistics and distribution support for efficient supply chain management

With multiple strategically located storage terminals, we provide reliable and uninterrupted service, enabling businesses to operate with confidence and efficiency.

Notice of Merger

Merger of Icelandic Tank Storage ehf., Birgðastöðin Miðsandi ehf. and the storage depot at Litli-Sandur.

Date:28/6/2016

Company:

Birgðastöðin Miðsandur ehf. og olíubirgðastöðin að Litla-Sandi í Hvalfirði

Icelandic Tank Storage ehf.

Sectors:

Consumer goods, supplies and etc.

The Icelandic Competition Authority has examined the merger between Icelandic Tank Storage ehf., Birgðastöðin Miðsandi and the storage depot at Litli-Sandur in Hvalfjörður. Icelandic Tank Storage ehf. is a private limited holding company jointly owned by Atlantic Tank Storage ehf. and Olíudreifing ehf. Icelandic Tank Storage ehf. operates storage depots both in Helguvík and in Keflavik Airport. Icelantic Tank Storage ehf. also leases the two storage depots, this merger regards, for finished petroleum products in Hvalfjörður, and subleases them to foreign distributors of refined petroleum products. Olíubirgðastöðin Miðsandi ehf. is owned by Atlantic Tank Storage ehf. and owns one of the two storage depots in Hvalfjörður. Olíudreifing ehf. owns the other storage depot located at Litli-Sandur in Hvalfjörður. The storage depot at Litli-Sandur has been operated as an independent entity of the company. With the merger, Icelandic Tank Storage ehf. acquisits control of the two storage depots in Hvalfjörður. Through joint ownership of Icelandic Tank Storage ehf., Olíudreifing ehf. and Atlantic Tank Storage ehf. also acquire joint control over the two storage depots in Hvalfjörður. After its investigation the Icelandic Competition Authority concludes that there is not a reason to believe that the merger will cause appreciable harm to competition. Consequently there is no reason to intervene in this merger on the basis of Article 17 c of the Icelandic Competition Act.