Belgian company Geldof (Engicon nv) has started the construction of two large petroleum storage tanks in the Polish city of Gdansk. The final client PERN ‘Przyjaźń’ Group is investing €200 million to build Poland’s first port terminal. The port project will safeguard the supplies of crude oil, liquid fuels and chemicals in the region.
Geldof is providing a significant portion of the terminal’s total storage volume with the construction of two new double-walled tanks, each with a capacity of 62,500 cbm. The storage capacity of the first phase which is currently being executed is 375,000 cbm. In total the terminal will be able to store 700,000 cbm. PERN will bring the Geldof storage tanks into use at the end of this year.
“This terminal is strategically very important for Poland,” said Krzysztof Marek Diduch, managing director for Engicon Poland, the Polish branch of Geldof. “Poland is currently reliant on crude oil supplies from Russia and countries of the former Soviet Union. The country has limited possibilities for producing its own crude oil, but this terminal means Poland can now import crude oil from all over the world. The storage tanks will safeguard the energy supplies for the entire region.”
The terminal is being built in a strategic location: in Gdańsk port just 5km from Poland’s second largest refinery Lotos. The Gdansk refinery is also one of the largest in Eastern Europe.
