Aegis Vopak Terminals partnership successfully completed
Published by Bella Weetch,
Editorial Assistant
Hydrocarbon Engineering,
Recently, the earlier announced partnership, Aegis Vopak Terminals Ltd, was successfully completed.
Aegis Vopak Terminals will become the largest independent tank storage company for LPG and chemicals in India. LPG is earmarked by the Indian government to provide cleaner and safer cooking fuels for households. Since the announcement in July 2021, three additional terminals with an additional capacity of 490 000 m3 are being included in the partnership. The partnership operates a network of 11 terminals that are located in five strategic ports along the east and west coast of India with a total capacity of approximately 1.5 million m3.
The joint venture (JV) is well-positioned for further growth, which targets mainly LPG but also chemicals, LNG, and industrial terminal opportunities.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/27052022/aegis-vopak-terminals-partnership-successfully-completed/
You might also like
The Hydrocarbon Engineering Podcast - Insights into the UN Global Plastics Treaty negotiations
In this episode of the Hydrocarbon Engineering Podcast, Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel & Petrochemical Manufacturers (AFPM), discusses the outcomes of the final round of UN negotiations for a Global Plastics Treaty.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
