Indian Oil operates the Hazira I liquids storage terminal, which is located in Gujarat in India. This liquids storage terminal became operational in 1998 and is owned by Indian Oil.
The terminal, which is accessible by pipeline and road, primarily stores petroleum products.
Key specifications of the storage terminal
Storage Capacity (bbl): 3,63,085
Tank Size Min (bbl): 131
Tank Size Max (bbl): 60,885
Number of Tanks: 23
Hazira I storage terminal is undergoing expansions, which will increase its storage capacity by 2,01,272bbl.
During the period 2021-2025, the Hazira I storage terminal is expected to witness an estimated capex of $1.59m.
About Indian Oil
Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company conducts exploration and production of oil and natural gas, refining of crude oil, pipeline transportation and marketing of natural gas and petroleum products. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and greases. The company conducts upstream operation in collaboration with other consortium partners both in India and other countries including the US, Canada, Gabon, Libya, Nigeria, Russia, Venezuela, Oman and the UAE. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
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.