Bidvest Tank Terminals and Petredec have commissioned the 22,600 tonne Mounded Liquid Petroleum Gas (LPG) Storage Facility in Richards Bay in KwaZulu-Natal, South Africa.
The ZAR 1 billion (€52.9 million) facility is the largest pressurised LPG import terminal in the region. Its four tanks are 16 m in diameter and 60 m tall, and are the largest LPG tanks in the world. It has 24-hour road tanker and railcar loading facilities. The first delivery of LPG arrived on a Petredec gas carrier from the Gulf of Mexico earlier in October 2020.
‘The project, which broke ground on October 25, 2018, has come in on budget and with only slight delays in its finalisation as a result of travel and other restrictions associated with the COVID-19 pandemic. Despite locking down the site for 45 days to ensure the safety of staff, we are not far off our anticipated commissioning date, which is testament to the hard work of all involved,’ says David Leisegang, Bidvest Tank Terminals’ managing director.
The companies say that the terminal will guarantee year-round availability of LPG for South Africa and neighbouring countries. Previously, the supply has been unreliable.
It is more important than ever for South Africa to secure a reliable and cost-effective energy mix to drive real GDP growth in order to create employment and prosperity for all. We anticipate that the stability of supply made possible by this ZAR 1 billion facility will stimulate the expansion of the LPG value chain, thus creating myriad opportunities for small, micro and medium enterprises and ultimately contributing to job creation,’ says Mpumi Madisa, chief executive of the Bidvest Group.