Turkish storage terminal Poliport will be discussing its latest expansions as well as future development plans at this year's StocExpo Turkey & the Black & Caspian Seas, to be held on 11-12 November 2008.
Over the last 10 years the terminal has been reclaiming land to expand to its current 140,000m2 size. The lengthy approval process began in 1997, and the actual land reclamation started in 2004.
'Many permits must be acquired from different Ministers – I will explain in more detail at the show,' says Firat Yemeniciler, MD of Poliport.
Poliport's storage capacity is now 150,000m³ and the terminal aims to expand to a total of 265,000m³ in two years.
'We will do this in 30,000m³ stages, depending on the demand and the country's economy,' Yemeniciler explains. 'At the moment it is growing very fast – over the past two years the economy grew 20-25% and this year it has grown 35%. It is one of the best emerging economies in the world.'
Poliport also built a new jetty in 2007, which has doubled the space available, now allowing four vessels to berth at a time.
The terminal is the only one in Turkey not involved with trading chemicals. 'We do not want to compete with our customers,' Yemeniciler explains. All its capacity is dedicated to third parties.
Firat Yemeniciler will speak on day one of the two day conference and exhibition, expanding on the strategic importance of storage terminals in Turkey and resource planning and management.
Over 250 senior industry executives are expected to attend.
Covering Turkey, the Black Sea region (including Bulgaria, Georgia, Romania, Russia and the Ukraine) and Caspian Sea Countries (Azerbaijan, Iran, Kazakhstan, Russia, Turkmenistan), Government representatives, industry experts and market analysts will use this timely dual language (Turkish/English) conference and exhibition to review the market and developments in the regional oil and petrochemical sector, with a particular emphasis on storage trends and capacity.