Royal Vopak has announced that it is expanding gasoline and biofuels storage at the PT Jakarta Tank Terminal (JTT) by 100 000 m3.
The expansion will take the total tank capacity of JTT to more than 350 000 m3.
JTT is a joint venture company in Indonesia between Royal Vopak and PT AKR Corporindo Tbk (AKR).
Strategically located in Tanjung Priok, the main port of Jakarta, JTT serves the import and distribution market in the greater Jakarta region for fuel products. The import of fuel products, particularly gasoline has been rapidly increasing in Indonesia over recent years and is expected to grow further, driven by the economic growth of Indonesia and its increasing population. The demand for tank storage facilities is expected to increase both with the expansion of gasoline distribution by existing players as with the market entry of new players.
As part of the expansion, eight new tanks will be added the terminal for gasoline, ethanol and biodiesel. A vapour recovery unit and additional (in-line) blending infrastructure will also be added.
The expansion is expected to be commissioned in phases from 1Q19 to 4Q19.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/16022018/vopak-to-expand-jakarta-tank-terminal/