Vopak and JV Partners Plan Expansion Of Liquid Storage Terminal in Malaysia

:: 21 Aug  2017 ::

Johor - Royal Vopak and its joint venture partners, Dialog and the state government of Johor Darul Ta'zim, plan to expand their independent liquid storage terminal in Pengerang, Johor, Malaysia.

The terminal, Pengerang Independent Terminals Sdn Bhd (PITSB), will be expanded by 430,000 cu m to a total capacity of 1.7-million cu m.  Subject to final formalities, the expansion is expected to be commissioned progressively from the first quarter of 2019.

PITSB provides storage, blending and distribution services for crude oil and clean petroleum products.  The expansion relates to the storage of clean petroleum products.

A total of 24 new tanks will be built, ranging from 10,000 cu m to 25,000 cu m.  In addition, an extra berth will be taken into operation, bringing the total number of operating berths to six.

The terminal is connected via pipelines to the Pengerang Terminals (Two) Sdn Bhd (PT2SB), which will be serving Petronas' Refinery and Petrochemical Integrated Development (RAPID) project currently being built within the Pengerang Integrated complex.

PITSB is owned 45.9% by Dialog, 44.1% by Vopak and 10% by the state government of Johor Darul Ta'Zim.  Vopak also owns a 25% stake in PT2SB.

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