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South Africa mulls plans to build 12 new liquid fuel terminals
THE government in South Africa plans to build 12 liquid fuel bulk terminals at four of the country's eight ports over the next 25 years to meet the country's surging energy needs.
The proposal would give the country additional options should plans to build an oil refinery fail to materialise, according to general manager for planning, maintenance and capital projects at state-owned Transnet's National Ports Authority, Hamilton Nxumalo, reported Bloomberg.
Ngqura in the Eastern Cape was favoured to house the refinery, he said. Mthombo, which would be the sub-Saharan region's biggest refinery if built, would have the capacity to process 300,000 barrels per day and would raise the country's fuel-handling capabilities by 43 per cent from the current 703,000 barrels daily.
"Space constraints at the key liquid fuels ports of Durban and Cape Town mean we have to look elsewhere, and Ngqura appears the most suitable," he told the recent Argus Africa Storage and Logistics 2015 conference at Durban.
He stressed that no decision has been taken on Mthombo, which is estimated to cost Rand15 billion (US$1.12 billion), reported London's Tanker Operator.
The first of the new liquid bulk berths would be built at Ngqura next year, followed by another in Cape Town in 2019, four in Durban by 2031, and single facilities in Richards Bay in 2035 and Cape Town in 2038. A further four are planned for Richards Bay.
The proposal would give the country additional options should plans to build an oil refinery fail to materialise, according to general manager for planning, maintenance and capital projects at state-owned Transnet's National Ports Authority, Hamilton Nxumalo, reported Bloomberg.
Ngqura in the Eastern Cape was favoured to house the refinery, he said. Mthombo, which would be the sub-Saharan region's biggest refinery if built, would have the capacity to process 300,000 barrels per day and would raise the country's fuel-handling capabilities by 43 per cent from the current 703,000 barrels daily.
"Space constraints at the key liquid fuels ports of Durban and Cape Town mean we have to look elsewhere, and Ngqura appears the most suitable," he told the recent Argus Africa Storage and Logistics 2015 conference at Durban.
He stressed that no decision has been taken on Mthombo, which is estimated to cost Rand15 billion (US$1.12 billion), reported London's Tanker Operator.
The first of the new liquid bulk berths would be built at Ngqura next year, followed by another in Cape Town in 2019, four in Durban by 2031, and single facilities in Richards Bay in 2035 and Cape Town in 2038. A further four are planned for Richards Bay.
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