Oiltanking MOGS Saldanha Ltd, a joint venture between Oiltanking GmbH, MOGS Ltd and Industrial Development Corporation of South Africa Ltd (IDC) said it is pleased to announce that it has completed commissioning of the first phase of the terminal, which comprises nine tanks with a total storage capacity of 1.6 million cbm (9.9 million barrels).

A possible expansion would bring the total capacity of the terminal to 2.1 million cbm (13.2 million barrels) of storage capacity.

The new crude oil terminal in the Port of Saldanha Bay is built as “a state-of-the-art facility in accordance with the highest safety and environmental standards”.

The terminal is equipped to blend crude oil and be connected to an existing jetty, which can handle vessels up to VLCC (Very Large Crude Carrier) size. To date, the terminal has successfully handled 10 vessels.

Dirk Exalto, CEO Oiltanking MOGS Saldanha, said: “With the completion of this project we offer a new range of services in terms of crude oil logistics. I would like to thank our first moving clients for entrusting us with the handling of their valuable products.

“The project would not have been successful without the teamwork displayed by all parties involved. I would specifically like to thank WBHO, as our main contractor, as well as the subcontractors, all other stakeholders and Oiltanking MOGS Saldanha colleagues for the hard work that made us reach this milestone in a joint effort.”

Oiltanking GmbH is a subsidiary of Marquard & Bahls, a Hamburg-based company that operates in the fields of supply, trading and logistics of energy and chemicals.

For more information visit www.oiltanking.com

13th October 2020