Alpetrol Terminals bulk liquid terminal in the Spanish port of Algeciras could be in operation in the next two years following the engineering, construction and commissioning work being allocated to Tecnicas Reunidas.
Construction work on the terminal, totalling an investment of 110 million, is set to commence shortly, with commissioning due for 2011, the Port of Algeciras says.
The Isla Verde Hydrocarbon Maritime Storage and Distribution Terminal is being developed on a 6 hectare site on reclaimed land. Alpetrol was chosen by the Port of Algeciras to develop the terminal in 2005.
Initial plans called for the terminal to have 300,000 m³ of storage capacity for liquid bulk products, primarily bunker fuel.
Alpetrol has already awarded a first phase investment package, valued at 1.5 million, to Acciona Infraestructuras and SGS to prepare the plots of land where the terminal will be built.