Bharat Petroleum will operate the upcoming Rasayani 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 Bharat Petroleum 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 pipeline and road access.

Key specifications of the storage terminal-
Storage Capacity (bbl): 63,771
Tank Size Min (bbl): 10,625
Tank Size Max (bbl): 10,625
Number of Tanks: 6

During the period 2021-2025, the Rasayani storage terminal is expected to witness an estimated capex of $40.08m.

About Bharat Petroleum


Bharat Petroleum Corp Ltd (BPCL) is an integrated oil and gas company. It carries out production of oil and natural gas, refining of crude oil and marketing and distribution of petroleum products. The company also focuses on renewable energy. It produces oil products, including light distillates, middle distillates and others. BPCL markets products through a network of retail outlets, dealers, and distributors. The company also provides fuel to domestic and international airlines. It has refineries in Maharashtra, Kerala, Assam and Madhya Pradesh in India. The company markets its products under various brands, including MAK, Speed, and Bharatgas. BPCL is headquartered in Mumbai, Maharashtra, India.

For more details on the Rasayani liquid storage terminal, buy the profile here.

GlobalData

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.