The Dialog Group has started construction work on the third phase of the Pengerang Deepwater Terminals.
The third phase comprises common tankage facilities for a storage terminal, including shared infrastructure and deepwater marine facilities.
According to local news reports, Dialog said that in line with its development plans for phase three, Pengerang Terminals (Five), an indirect unit, had signed a long term storage agreement with BP Singapore.
The company said: 'PT5 will develop, construct and operate storage tanks with capacity of 430,000 m3 for clean petroleum products, and provide storage services in respect thereof to BPS as the term customer, with completion date expected in mid-2021.'
Phase three will be for more dedicated petroleum and petrochemical storage terminals for medium to long term customers.
The company said that the project is on track for completion at the end of 2019.
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