Part of the Buncefield oil storage depot in Hertfordshire, UK, has now been granted approval to store petrol on site.
Planning restrictions have limited BP to storing only aviation fuel until now.
An explosion ruptured the terminal in December 2005, injuring 40 people and damaging residential and business properties. It was caused by an overflowing fuel storage tank at the HOSL depot.
Dacorum Borough Council and the Health and Safety Executive (HSE) say that energy company BP has met all safety criteria. The council formally signed off safety works undertaken by BP following a year of inspections by the council, HSE and Environment Agency to check BP had met 55 safety criteria set out in a legal agreement drawn up in February 2008.
BP spokeswoman Sheila Williams says BP has taken on board all the requests made by the local council and residents, resulting in BP investing over £10 million (7.9 million) at the terminal.