Botlek Tank Terminal commences further expansion
BOTLEK TANK TERMINAL COMMENCES FURTHER EXPANSION
On 3 July, the Port of Rotterdam signed a contract with a construction consortium to extend the Botlek Tank Terminal (BTT) [HES interest 50%] site by approximately 5 ha. This will double the area occupied by the existing terminal, allowing the total storage capacity to be expanded from 200,000 to approximately 750,000 m3. The extension to the site will be accomplished by land reclamation. The newly reclaimed land will be handed over to BTT in two phases and the work will take a total of 21 months to complete.
When the whole site has been handed over, in mid-2014, BTT will be able to build liquid bulk tank storage capacity of 550,000 m3 on it, possibly in phases. Talks are in progress with customers and banks. The environmental licence for the expansion was issued by the regional environmental authority DCMR last month. The newbuild plans also include a train loading station and a connection to the European pipeline system for aviation fuel.
==> For the full text of the press release dated 4 July 2012, please click on "Investor Relations" > "Press releases".