Spanish storage company and trading house Olivia Petroleum says that its new bulk liquids terminal in the tax-free zone of the Port of Cadiz, Spain, is now operational.
The Cadiz II Terminal will primarily handle used cooking oil, as well as other raw materials for the manufacture of biodiesel (fatty acid methyl esters, or FAME), for international trading. The products have a flash point above 55˚C and therefore are classed as non-hazardous materials. The terminal will receive shipments by sea and dispatch by land.
The terminal is the company’s third in the port. Olivia Petroleum bought the terminal from Demagrisa in 2019 and has undertaken various updating, adaptation and improvement works since the acquisition, prior to which the terminal had been inactive for 12 years.
The facility now has 12 tanks, of which 4 are brand new, with a total capacity of 12,000 m3. The tanks are connected by three 8” pipelines to the company’s Poniente jetty, which can accommodate vessels up to 200 m long with a draught of 9.5 m. The buried pipelines are made of reinforced fiberglass, which can better resist the corrosive seawater environment than conventional carbon steel pipes, offering a longer potential lifespan.
Olivia Petroleum says that it expects its main customers to be international oil product trading and FAME manufacturers. The terminal will operate as an independent terminal for third parties.
‘The terminal constitutes an intermediate step in the sustainable supply chain of energy, and it is part of the set of existing terminals in European ports which accommodate this type of traffic, in an increasingly competitive environment,’ says Olivia Petroleum.
It adds that using used cooking oil for biofuel manufacture reduces emissions from road transport and eliminates a waste product. The EU is promoting the use of used cooking oil by granting it twice as the emission saving certificates that a FAME made from raw materials would receive.