Vopak plans to build an additional 100,000 m3 of storage capacity for petrol and biofuels at its Jakarta terminal.
The expansion of the Jakarta Tank Terminal will take total tank capacity at the facility to more than 350,000 m3.
The project will comprise eight additional tanks for petrol, ethanol and biodiesel, a vapour recovery unit and additional (in-line) blending infrastructure, which will allow its customers to comply with Indonesia's Biofuel Blending Mandate regulations.
Jakarta Tank Terminal, a JV between Vopak and PT AKR Corporindo, is strategically located in Tanjung Priok, the main port of Jakarta and serves the import and distribution market in the greater Jakarta region for fuel products.
Demand for tank storage facilities is expected to increase both with the expansion of petrol distribution by existing players as with the market entry of new players.
The expansion is expected to be commissioned in phases from the first quarter to the fourth quarter 2019.
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