Burgan Cape Terminals – the latest energy asset in South Africa – brings greater flexibility and optionality to a flourishing market
When Burgan Cape Terminals officially opened in August 2017, it signalled a new storage era for the Western Cape of South Africa.
The facility in the eastern mole of the Port of Cape Town, is the province’s first independent storage facility, and, unlike other privately owned storage terminals in the region, is not dependent on pipeline connections to feed it liquid products.
In addition to this important milestone, the facility, which is 70% owned by VTTI with Jicaro and Thebe Investment Corporation owning 15% each, offers flexibility for oil companies in where they chose to source their product from as well as offering the option for blending.
Currently, the facility has a capacity for 122,000 m3 of diesel and petrol storage and will offer the option to blend bioethanol and biofame. It has been designed to receive fuel product by sea, store it...