Strategic Fuel Fund Association operates the Milnerton liquids storage terminal, which is located in Western Cape in South Africa. This liquids storage terminal became operational in 1967 and is owned by City Electrical Factors.
The terminal, which is accessible by road and sea, primarily stores crude oil.
Key specifications of the storage terminal
Storage Capacity (bbl): 75,00,000
Tank Size Min (bbl): 2,00,000
Tank Size Max (bbl): 2,00,000
Number of Tanks: 39
About Strategic Fuel Fund Association
Strategic Fuel Fund Association (SFF) operates as a subsidiary of CEF (Pty) Ltd. It manages South Africa’s strategic inventory of crude oil on behalf of the State. The company’s core activity is trading in crude oil. It also provides many ancillary services, including the co-ordination and management of the transportation and distribution of crude oil, crude oil storage facilities, environmental protection against oil pollution and risk management. The company holds strategic stocks of approximately 10.5 million barrels of crude oil. The strategic stocks of crude oil and the land and buildings used to hold the stock are the property of the State. SFF also manages the storage facilities in the Western Cape at Milnerton, outside Cape Town, and at Saldanha Bay. The company also owns sizeable coal deposits near Johannesburg. SFF is headquartered in Johannesburg, South Africa.
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.