Vopak has announced plans to add an additional 430,000 m3 of storage capacity at Pengerang Independent Terminals.
The expansion at the deep water independent liquid storage terminal, announced by the company and its joint venture partners, relates to clean petroleum products and will be commissioned progressively from the first quarter of 2019.
The expansion, comprising 24 new tanks ranging between 10,000 m3 and 25,000 m3, will bring overall capacity at the facility to 1.7 million m3. Additionally, one extra berth will be taken into operation, bringing the total number of operating berths to six.
The facility provides storage, blending and distribution services for crude oil and clean petroleum products.
It is connected with pipelines to the industrial terminal Pengerang Terminals (Two), which will be serving the new world-scale refinery and petrochemical complex currently under construction – known as the RAPID project.
In a statement, Vopak says the expansion is aligned with its strategy to invest in strategic hub locations.
It adds: 'The growing need for new storage capacity for clean petroleum products is amongst others based on Asia's growing structural need for petrol and jet fuel as well as the growing need for low sulphur diesel/gasoil as a result of the global low sulphur requirement for shipping as set by the International Maritime Organisation.'
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