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Liquid petroleum gas import facility project, South Africa

11th August 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Liquid petroleum gas (LPG) import facility project.

Location
Richards Bay, KwaZulu-Natal, South Africa.

Client
Petredec and Bidvest Tank Terminals.

Project Description
The project entails the development of a new facility for the import and storage of LPG.
The 22 600 t storage facility will be located at Bidvest’s existing site in Richards Bay.
The completed facility will be the region’s largest pressurised LPG import terminal, featuring four mounded tanks, each capable of storing more than 5 500 t of gas, guaranteeing year-round availability.
The commissioning of this new large-scale facility – also capable of seaborne re-exports to neighbouring countries – will unlock previously unattainable economies, resulting in lower supply prices to the local market.
Dedicated 24 h road tanker and railcar loading facilities will ensure constant supplies 365 d/y, enabling local LPG marketers to guarantee product availability to their customers through-out South Africa.

Jobs to Be Created
Not stated.

Value
Not stated.

Duration
The project is expected to break ground in September 2017 and will take about 27 months to complete, with South African consumers expected to be using LPG imported through the new terminal from the fourth quarter of 2019.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Petredec, tel +65 6305 1288, fax +65 6305 1289 or email lpg@petredec.com.sg.
Bidvest Tank Terminals, tel +27 31 277 5600 or email info@bidtanks.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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