NGC Energy India will operate the upcoming Krishnapatnam II liquids storage terminal, located in Andhra Pradesh in India. Expected to start operations in 2022, the liquids storage terminal will be owned by Natgas Natural Gas, Saudi Arabian Oil, and others.
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): 248,699
Tank Size Min (bbl): 2,711
Tank Size Max (bbl): 121,638
Number of Tanks: 4
During the period 2021-2025, the Krishnapatnam II storage terminal is expected to witness an estimated capex of $49.95m.
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.