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October 21, 2021

Port Klang VI Liquids Storage Terminal, Malaysia

By Carmen

Equinor will operate the upcoming Port Klang VI liquids storage terminal, located in Selangor in Malaysia. Expected to start operations in 2021, the liquids storage terminal will be owned by Equinor and Global Petro Storage Group.

 

 

Expected to be operational in 2021, the terminal will primarily store petroleum products and will have pipeline, road, and sea access.

Key specifications of the storage terminal-
Storage Capacity (bbl): 845,350
Tank Size Min (bbl): 20,127
Tank Size Max (bbl): 377,388
Number of Tanks: 6

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During the period 2021-2025, the Port Klang VI storage terminal is expected to witness an estimated capex of $75m.

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 Bhd.

About Equinor

 

Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It focuses mainly on the exploration, development and production of crude oil and natural gas on the Norwegian Continental Shelf (NCS). The company also has operations in various oil and gas provinces in the world. Equinor 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 offshore wind, carbon capture and storage, solar and hydrogen projects. 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.

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