08NOV2018 - NEWS - Tank storage company Vopak eyes new LPG terminal in South Africa

Tank storage company Vopak and investment holding company Reatile have recently unveiled plans to further expand in South Africa by investing in a new LPG import and distribution terminal. The facility, to be located in Richards Bay, would have an initial capacity of 15,000 cbm. The companies informed that the deal is subject to final conditions. Additionally, Vopak revealed its intentions to expand its wholly-owned gas terminal in Vlissingen, the Netherlands, by 9,200 cbm of capacity for LPG and chemical gases to serve the NWE market. The additional storage capacity is also expected to be available from the second quarter of 2020.

Published by Editor - www.Livebunkers.com at 08-Nov-2018 04:32:40 [UTC] , contact editor at editor@livebunkers.com