Societatea de Administrare a Participariilor in Energie will operate the upcoming Black Sea liquids storage terminal, located in Black Sea in Romania. Expected to start operations in 2024, the liquids storage terminal will be owned by Societatea de Administrare a Participariilor in Energie.
Expected to be operational in 2024, the terminal will primarily store petroleum products and will have road and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 7,32,761
Tank Size Min (bbl): 3,66,380
Tank Size Max (bbl): 3,66,380
Number of Tanks: 2
During the period 2021-2025, the Black Sea storage terminal is expected to witness an estimated capex of $21.64m.
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.