NGC Energy India will operate the upcoming Krishnapatnam II liquids storage terminal, located in Andhra Pradesh, India. According to GlobalData, who tracks more than 5,000 active and developing liquids storage terminals worldwide, the liquids storage terminal will be owned by Saudi Arabian Oil and others and is expected to start operations in 2023. Buy the profile here.
Expected to be operational in 2023, the terminal will primarily store petroleum products and will have sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 2,48,699
Tank Size Min (bbl): 2,711
Tank Size Max (bbl): 1,21,638
Number of Tanks: 4
During the period 2021-2025, the Krishnapatnam II storage terminal is expected to witness an estimated capex of $41.63m.
For more details on the Krishnapatnam II liquid storage terminal, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
