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FEB 21 2015

Gulf Petrochem commissions liquid storage terminal at Pipavav

  • Economic Times, ET Bureau / Hyderabad
  • Created: Sat 21st FEB 2015

The Gulf Petrochem Group, a leading player in global oil industry, on Thursday announced commissioning of the first phase of its liquid cargo storage terminal at Pipavav Port in Gujarat.

The terminal, with a total annual handling capacity of 2.5 lakh kilo litres (KL), is expected to ease supply and availability of petroleum, non-petroleum and petrochemical cargo in the North India. The first phase of the terminal has a capacity of 1.1 lakh KL.

The second phase, with a capacity of 1.4 lakh KL, will be commissioned by mid-March 2015. The terminal’s location offers a logistical advantage to the North-Western markets. This project is a stepping stone for the terminal storage sector within the Indian market, further consolidating the company’s plans for India and also its future investments, and strengthening Gulf Petrochem’s position as a leading player in the global oil space, said Manan Goel, Director, Gulf Petrochem.

The terminal benefits from having hinterland connectivity by road and rail. There are independent multiple bay gantries for truck loading and full rake rail siding for handling multiple products, the company said.

Gulf Petrochem’s has already started receiving confirmed interests from major oil companies for tank hiring, he said.

The terminal has a total of 46 tanks of different capacities for different product requirements for all classes of petroleum products, chemicals, petrochemicals, vegetable oil, lube base oil, fuel oil and bitumen.

It has an oil berth with a 12-metre draft for handling medium range vessels that carry up to 40,000 tonnes of cargo. The terminal’s bitumen lines are heat traced as they are installed with two MKCal/hr boilers for heating products like bitumen/fuel oil and maintaining the desired product temperature.

The terminal, with an annual handling capacity of 2.5 lakh kilo litres, is expected to ease supply of petroleum, non-petroleum and petrochemical cargo

Tags

TOTAL Gujarat Oil Petroleum Products Petroleum Petrochemical India

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