Bharat Petroleum will operate the upcoming Krishnapatnam I liquids storage terminal, located in Andhra Pradesh in India. Expected to start operations in 2023, the liquids storage terminal will be owned by Bharat Petroleum.
Expected to be operational in 2023, the terminal will primarily store petroleum products and will have pipeline and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 10,15,400
Tank Size Min (bbl): 126
Tank Size Max (bbl): 1,16,361
Number of Tanks: 21
During the period 2021-2025, the Krishnapatnam I storage terminal is expected to witness an estimated capex of $49.06m.
About Bharat Petroleum
Bharat Petroleum Corp Ltd (BPCL) is an integrated oil and gas company. It carries out production of oil and natural gas, refining of crude oil and marketing and distribution of petroleum products. The company also focuses on renewable energy. It produces oil products, including light distillates, middle distillates and others. BPCL markets products through a network of retail outlets, dealers and distributors. The company also provides fuel to domestic and international airlines. It has refineries in Maharashtra, Kerala, Assam and Madhya Pradesh in India. The company markets its products under various brands, including MAK, Speed, and Bharatgas. BPCL is headquartered in Mumbai, Maharashtra, India.
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.