UAE firm launches oil depot in Gujarat
Gulf Petrochem Group has announced the commissioning of the first phase of its liquid cargo storage terminal at Pipavav Port. The storage terminal has an annual capacity of 250,000 kilo litres (250 million litres) and will further ease supply and availability of petroleum, non-petroleum and petrochemical cargo in North India.
The first phase has a capacity of 110,000 KL and the second phase with a capacity of 140,000 KL will be commissioned by mid-March, the firm said in a statement today.
"The location of our terminal offers a strategic and logistical advantage to our customers in the North Western markets. This project stands as a stepping stone for the terminal storage sector within the Indian market, further consolidating our plans for India, future investments and further strengthening Gulf Petrochem’s position as a leading player in the global oil space" said, Manan Goel, Director, Gulf Petrochem.
Gulf Petrochem’s oil terminal in Pipavav is a modern terminal with state of the art facilities adhering to all International and Indian safety guidelines.
The firm had first announced the beginning of the construction of the depot in late 2012.
Read: Gulf Petrochem commences construction of Pipavav Oil Terminal in India
The terminal has a total of 46 tanks of different capacities which befits different product requirements for all classes of petroleum products, chemicals, petro chemicals, vegetable oil, lube base oil, fuel oil and also bitumen.
It also has an exclusive oil berth with a draft of 12 mts for handling medium range vessels that carry up to forty thousand tons of cargo.
Gulf Petrochem’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 company has already started receiving confirmed interest from major oil companies for tank hiring.
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.
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