Royal Vopak and its joint venture partners have announced their intention to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor, southern Malaysia.
PITSB will be expanded by 430 000 m3 to a total capacity of 1.7 million m3. The expansion is expected to be commissioned progressively from 1Q19.
PITSB provides storage, blending and distribution services for crude oil and clean petroleum products. The expansion relates to the storage of clean petroleum products.
In total, 24 new tanks will be built. In addition to the extra capacity, one extra berth will be taken into operation, bringing the total number of operating berths to six.
The Pengerang region is strategically located at the southeastern-most tip of Johor, along the international shipping routes and is part of the Singapore oil hub, where there is a growing need for storage capacity. PITSB is connected with pipelines to the industrial terminal Pengerang Terminals (Two) Sdn Bhd (PT2SB) which will be serving the new world-scale refinery and petrochemical complex currently under construction: the Refinery and Petrochemical Integrated Development (also known as RAPID). Vopak has a 25% share in this industrial terminal.
Read the article online at: https://www.tanksterminals.com/storage-tanks/18082017/vopak-to-expand-storage-terminal/