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

Location
Richards Bay, KwaZulu-Natal, South Africa.

Project Owner/s
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 60 m long and 16 m in diameter and capable of storing more than 5 600 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 clients through-out South Africa.

Potential Job Creation
Not stated.

Capital Expenditure
R1-billion.

Planned Start /End Date
The project broke ground on October 25, 2018, with the facility slated for completion in July 2020.

Latest Developments
As at December 31, 2018, R308-million had been spent on the project.

Civil work required in preparation for the arrival of the storage tanks towards the middle of 2019 is complete. Tank fabrication is progressing well.

Commissioning is still targeted for the middle of 2020.

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.