Coal news and updates

Gulf Petrochem commissions liquid storage terminal

February 19: Gulf Petrochem Group, a leading player in the global oil industry, commissioned the first phase of its liquid cargo storage terminal with an annual capacity of 250,000 kilo litres (KL) at Pipavav Port, the company said in a statement on February 19.

With this, supply and availability of petroleum, non-petroleum and petrochemical cargo in the northern part of India will ease, the statement added.

“The first phase of the terminal has a capacity of 110,000 KL and the second phase with a capacity of 140,000 KL will be commissioned by mid-March 2015,” it said. The company has also been allotted an exclusive oil berth at Pipavav Port with a draft of 12 metres for handling medium range vessels that carry up to 40,000 tonnes of cargo.

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

“The terminal’s bitumen lines are fully 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 also benefits from having excellent hinterland connectivity by road and rail. There are independent multiple bay gantries for truck loading and full rake rail siding for handling multiple products,” Gulf Petrochem said.

“The location of our terminal offers a strategic and logistical advantage to our customers in the North Western markets,” said Manan Goel, Director, Gulf Petrochem.

He said that this project would further consolidate Gulf Petrochem’s plans for India, including future investments.