TANK TERMINAL UPDATE
TANK TERMINAL UPDATE Turkmenabat, Turkmenistan
Comment: The new capacity will allow monthly imports of up to 16,000 tons of LPG.
TURKMENNEBITONUMLERI Products: Refined oil products Capacity: 10,000 m3 Construction/Expansion/Acquisition: State enterprise Turkmennebitonumleri (Turkmen Oil Products) has completed construction work on six new oil products tanks with a total capacity of 10,000 m3 at its Zerger complex. The facility is fed by the Turkmenbashi Oil Processing Complex (TOPC), including the Turkmenbashi and Seydi refineries which between them have a capacity of 10 million tpa Comment: Turkmennebitonumleri also plans to construct a further eight tanks, each with a 100 m3 capacity.
Fujairah, UAE
VTTI Products: Petroleum products
Products: Biofuels Capacity: 300,000 m3 Construction/Expansion/Acquisition: Stanlow Terminals has announced a three-year plan to develop the Stanlow Manufacturing Complex and Tranmere Terminal in the Port of Liverpool, which will be the UK’s largest biofuels storage hub. Comment: The facility will allow customers to store, blend and distribute biofuels suitable as drop-in replacement transport fuels for the road, aviation and marine sectors.
Cartagena, Colombia
OKIANUS TERMINALS
Construction/Expansion/Acquisition: VTTI has bought a 90% stake in IL&FS Prime Terminals FZC (IPTF). The remaining 10% remains with the Fujairah government. An expansion is underway which will take the terminal’s capacity to more than 780,000 m3. Comment: IL&FS says that selling the stake has allowed it to repay a debt of INR 7.58 billion (€90.6 million) to lenders.
Santos, Brazil
PETROBRAS Products: Refined oil products Investment: BRL 558.2 million (€86.98 million) Construction/Expansion/Acquisition: Petrobras bought the lease for the STS08A area in the Port of Santos, which covers 297,349 m², from Brazil’s National Waterway Transport Agency (ANTAQ) for a contractual term of 25 years. Petrobras paid BRL 558.2 million for the lease and expects to invest around BRL 120 million in developing the terminal. Comment: ANTAQ says that the global gross revenue of the contract will reach BRL 7.207 billion, with expected movement of 140 million tonnes.
Products: LPG Capacity: 1.4 million gallons (5.3 million L) Construction/Expansion/Acquisition: Colombia’s Ministry of Mines and Energy has begun expansion works at Okianus Terminals for imports of LPG. The phase II expansion works will increase the storage capacity from 400,000 to 1.4 million gallons. Additionally, the number of tanker truck loading positions will increase from five to 10.
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Comment: ANTAQ says that the global gross revenue of the contract will reach BRL 145 million with expected movement of 1.6 million tonnes.
Capacity: 333,484 m3
Liverpool, UK
STANLOW TERMINALS
Imbitub, which covers 7,455 m², from Brazil’s National Waterway Transport Agency (ANTAQ) for a contractual term of 10 years. Fertisanta will invest BRL 25 million in developing the terminal.
Imbitub, Brazil
FERTILIZANTES SANTA CATARINA (FERTISANTA) Products: Fertilisers Investment: BRL 200,000 (€30,840) Construction/Expansion/Acquisition: Brazilian fertiliser company Fertilizantes Santa Catarina (Fertisanta) bought the lease for the IMB05 area in the Port of
Ruwais, UAE
ADNOC, AD PORTS Products: Chemical feedstocks and products Construction/Expansion/Acquisition: Abu Dhabi National Oil Company Logistics and Services (ADNOC L&S) and AD Ports Group will develop a new port and liquids terminal at TA’ZIZ chemicals production and industrial hub. It will have a tank farm with ten product tanks and a feedstock storage tank. The port will have loading and unloading facilities, two liquid berths, both 640 m long, and a 320 m dry bulk berth. Comment: TA’ZIZ is expected to begin chemicals production in 2025.
Various, US
TRANSMONTAIGNE Products: Renewable fuels Construction/Expansion/Acquisition: TransMontaigne Partners has completed its acquisition of SeaPort Financing. It now has a 100% membership interest in SeaPort Sound Terminal, which owns a liquid products terminal in Tacoma, a 51% membership interest in SeaPort Midstream Partners, which owns liquid products terminals in Seattle and Portland, and a 30% membership interest in Olympic Pipeline Company, which owns the Olympic Pipeline between Blaine and Portland. Comment: SeaPort Financing was a portfolio company of ArcLight Energy Partners Fund VI.
