Hindustan Petroleum will operate the upcoming Mumbai IV liquids storage terminal, located in Maharashtra, 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 Oil and Natural Gas and is expected to start operations in 2023. Buy the profile here.
Expected to be operational in 2023, the terminal will primarily store crude oil and petroleum products and will have pipeline and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 30,06,530
Tank Size Min (bbl): 31,222
Tank Size Max (bbl): 1,86,304
Number of Tanks: 28
During the period 2021-2025, the Mumbai IV storage terminal is expected to witness an estimated capex of $116.74m.
Contractors involved in the Mumbai IV liquid storage terminal
Some of the key contractors for the Mumbai IV storage terminal include the following.
Main EPC: Adarsh Noble, Engineers India.
About Hindustan Petroleum
Hindustan Petroleum Corp Ltd (HPCL) is a downstream energy company that carries out crude oil refining, transportation and marketing of petroleum products. It also carries out exploration and production in India and other countries. The company operates refineries in Mumbai and Visakhapatnam in India. It also has liquefied petroleum gas (LPG) bottling plants and lube blending plants. Its distribution and marketing infrastructure includes product pipelines, LPG storage facilities, terminals, aviation service stations, inland relay depots and retail outlets, lube and LPG distributorships. The company also manufactures sugar and ethanol, and generates electricity. It is a subsidiary of Oil and Natural Gas Corp Ltd. HPCL is headquartered in Mumbai, Maharashtra, India.
For more details on the Mumbai IV 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.
