SGR Energy, Inc. has announced its agreement to acquire Swiss Terminal Barranquilla in Atlántico Department, Colombia from Fondo De Infraestructura Colombia Ashmore I – FCP. The terminal will satisfy the needs of up to 210,000 barrels for refined and crude oil storage.

Features of the 2.94-acre terminal includes a warehouse, lab and office which will provide 50,000 barrels per day of product unloading capacity, 20,000 barrels per day of product loading capacity along with 13 lane truck racks.

SGR Energy wants to offer 210,000 barrels for third party merchant storage, allowing for the acceptance of crude oil and naphtha, with 13 multipurpose temperature-controlled tanks offering the ability to extract crude and clean products.

The terminal therefore wants to process crude oil and blend fuel oil with up to 7 million barrels of petroleum products. Full operation of the terminal will employ approximately 27 full-time employees.

SGR Energy assumed operations of the facility as of July 6, 2018.

For more information, visit:

16th July 2018