Sonker Bunkering will operate the upcoming Ain Sokhna II liquids storage terminal, located in Suez in Egypt. Expected to start operations in 2022, the liquids storage terminal will be owned by Sonker Bunkering.
Expected to be operational in 2022, the terminal will primarily store petroleum products and will have sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 15,72,450
Tank Size Min (bbl): 1,25,796
Tank Size Max (bbl): 3,14,490
Number of Tanks: 6
During the period 2021-2025, the Ain Sokhna II storage terminal is expected to witness an estimated capex of $36m.
Methodology
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.