Equinor will operate the upcoming Port Klang VI liquids storage terminal, located in Selangor in Malaysia. Expected to start operations in 2022, the liquids storage terminal will be owned by Equinor and Global Petro Storage Group.
Expected to be operational in 2022, the terminal will primarily store petroleum products and will have pipeline, road, and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 8,45,350
Tank Size Min (bbl): 20,127
Tank Size Max (bbl): 3,77,388
Number of Tanks: 6
During the period 2021-2025, the Port Klang VI storage terminal is expected to witness an estimated capex of $135m.
Contractors involved in the Port Klang VI liquid storage terminal
Some of the key contractors for the Port Klang VI storage terminal include the following.
Main EPC: Global Petro Storage Group.
EPC: Poratha Corp Sdn.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.
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.