Mobil Oil, ExxonMobil’s subsidiary in Australia, is to expand its Adelaide Birkenhead terminal by more than 10%, building a 9 million litre diesel tank.
The development is expected to take one year at the site, which is one of three main fuel distribution terminals operated by the company throughout south-eastern Australia.
The terminal currently handles the highest yearly volume of petrol, diesel and aviation fuels of any terminal within the state.
Surrounding the site are road and rail loading gantries which help to transport the petrochemicals to Adelaide, other areas in the state and into New South Wales and central Australia.
The investment comes from part of the AUS$20 million (€14.76 million) Mobil Oil has plugged into its infrastructure over the past three years.
The Birkenhead terminal is spread out over 15 hectares and is operated by Mobil Oil on behalf of its two owners ExxonMobil and Shell.
This is not the first oil major to expand in the region. In April, Tank Storage magazine reported BP’s plans to also expand in the state with an investment of AUS$20 million.