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Oiltanking to proceed with crude oil storage terminal

Published by , Senior Editor
Tanks and Terminals,

Oiltanking MOGS Saldanha (RF) (Pty) Ltd, a joint venture between Oiltanking GmbH and MOGS (Pty) Ltd, has announced that it is proceeding with the construction of an independent crude oil and blending storage terminal in Saldanha Bay, South Africa.

The first phase of the crude oil and blending storage terminal will have eight tanks with a total capacity of 8.8 million bbls. It is set to be operational in 2H18.

At the final stage, the 13.2 million bbl facility will comprise 12 in-ground concrete tanks.

The new crude oil terminal in the Port of Saldanha Bay will be equipped to blend crude oil and be connected to an existing jetty that can handle vessels up to very large crude carrier (VLCC) size.

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