NERSA approves application by Cape Ocean Terminals to construct petroleum storage facility

The overall greenfield fuel storage terminal development project, named Project Albatross, is envisaged to be constructed in three phases, bringing the total potential storage capacity to 390 000 m³. Phase 1, which the Energy Regulator approved, will consist of eight storage tanks with a licensable combined design capacity of 155 120m³, as well as auxiliary assets that include pumps, road loading gantries, and slops tanks to operate the facility. The six storage tanks have a design capacity of 20 640 m³ each, while the other two storage tanks have a design capacity of 15 640 m³ each.

The pipeline will be a 20 in. (500 mm dia.) with a length of 3 km from the tie-in point on the Strategic Fuel Fund Association’s (SFF) common user bidirectional pipelines to the storage facility. The auxiliary infrastructure will also include two accumulation tanks.

“The approval of this licence application supports the government’s objectives, particularly the promotion of infrastructure investment, orderly development, and transformation within the petroleum sector, while also fostering local economic development in the Saldanha Bay area,” said Muzi Mkhize, NERSA FullTime Regulator Member Primarily Responsible for Petroleum Pipelines Regulation.

Read the article online at: https://www.tanksterminals.com/storage-tanks/09092025/nersa-approves-application-by-cape-ocean-terminals-to-construct-petroleum-storage-facility/