Nov 25, 2012

LUKOIL opens new terminal at Barcelona port

LUKOIL opens new terminal at Barcelona port // Companies // News | Neftegaz.RU
02 May 2012 , 10:31Neftegaz.RU672
Vagit Alekperov, President of OAO LUKOIL, and Jose Luis Porté, President of Meroil, participated in the festive ceremony today dedicated to the commissioning of a new petroleum terminal at the port of Barcelona (Spain).

The project was implemented by a joint venture (50/50) established in July, 2010 between LITASCO, an international oil trader (a wholly-owned subsidiary of LUKOIL), and the Spanish company Meroil.
The new terminal was constructed as part of a project to expand Meroil’s existing terminal capacities.

Thirteen new tanks with an aggregate storage capacity of 360,000 cubic meters, and ranging in volume from 6,500 to 40,000 cubic meters, were constructed within an area of 40,000 square meters. The new terminal, connected to the pipeline system of Hydrocarbonates Logistics Company, includes 8 petroleum-product loading gantries with at hroughput capacity of 400 tank trucks per day.