Shortly after JTC announced completion of a reclamation phase at Jurong Island in Singapore, The Port of Gothenburg says it is poised to begin construction of a facility for crude oil storage in one of its underground caverns at Tor Harbour, Sweden.
The cavern has been disused for some time following its purpose for contingency stockpiling of oil products. Completion on the project, partnered by storage company Scandinavian Tank Storage, is due within two years.
Vessels carrying crude oil, largely from Russia, will berth at one of the two quays at the Tor Harbour. The oil would then be discharged across the quay and stored temporarily in the cavern before being transported later, using larger vessels, to markets such as Asia and the US.
The Port of Gothenburg is one of the few ports in Scandinavia with the capacity to offer a deepwater harbour for crude oil and interim storage for transshipment to larger tonnage.
At present, approximately 9 million tonnes of crude oil are handled each year at Tor Harbour. Once the new facility is brought into use the harbour could see an increase of 20-60%.
Storage of crude oil in an underground cavern and the opportunity for transshipment to larger tonnage at the quayside at the Tor Harbour is a secure and environmentally correct alternative to lightering out at sea. When handling crude oil, the resulting gases will be recycled in a new, modern and effective gas recycling facility, Claes Jacobsson, CEO of Scandinavian Tank Storage, says.
To create storage capacity for crude oil, the Port of Gothenburg is developing modern loading and discharge equipment for use at the harbour. The equipment that will be installed in the cavern will include new pumps, pipelines, electricity supply and equipment to deal with gases.
The environmental aspects are of vital importance and adaptations are being made to ensure handling is as environmentally friendly as possible.