Nayara Energy will operate the upcoming Pali liquids storage terminal, located in Rajasthan, 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 Rosneft Oil, Trafigura Group, and others and is expected to start operations in 2024. Buy the profile here.
Expected to be operational in 2024, the terminal will primarily store petroleum products and will have rail and road access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 3,04,048
Tank Size Min (bbl): 440
Tank Size Max (bbl): 37,739
Number of Tanks: 16
During the period 2021-2025, the Pali storage terminal is expected to witness an estimated capex of $26.7m.
About Nayara Energy
Nayara Energy Ltd (Nayara Energy) is a downstream company that carries out the refining and marketing of oil refined products. The company operates a refinery at Vadinar in Gujarat, which is capable of processing crude from sweet to sour and light to heavy into Euro-grade petroleum products. Its portfolio of products includes sulfur, bitumen, pet coke, fly ash and high-speed diesel. The refinery has access to a coal-based captive power plant; a storage unit; and a deep-water port. The company markets its petroleum products through a network of retail outlets. It also sells products in bulk to companies operating in the industrial and transport sectors. Nayara Energy is headquartered in Mumbai, Maharashtra, India.
For more details on the Pali liquid storage terminal, buy the profile here.