Bangladesh Petroleum will operate the upcoming Moheshkhali Island liquids storage terminal, located in Bay of Bengal, Bangladesh. According to GlobalData, who tracks more than 5,000 active and developing liquids storage terminals worldwide, the liquids storage terminal will be owned by Bangladesh Petroleum 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 pipeline and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 17,58,628
Tank Size Min (bbl): 2,19,828
Tank Size Max (bbl): 3,66,380
Number of Tanks: 6
During the period 2021-2025, the Moheshkhali Island storage terminal is expected to witness an estimated capex of $45.15m.
About Bangladesh Petroleum
Bangladesh Petroleum Corp (BPC) is an oil and gas company that distributes petroleum products. The company co-ordinates, and controls import, storage, marketing and distribution of petroleum product activities. It offers services such as collection and import of crude petroleum and refined petroleum products, processing of crude petroleum, production of petroleum products, establishing petroleum refinery, production of base-stock and chemicals, planning and implementation of petroleum product storage facilities, collection and building of intercontinental oil tankers, and building facilities to market petroleum products, among others. The company operates its offices in Chittagong and Dhaka, Bangladesh. BPC is headquartered in Chittagong, Bangladesh.
For more details on the Moheshkhali Island liquid storage terminal, buy the profile here.