Horizon Tangiers Terminals (HTTSA), a part of the Horizon Group, is starting construction of a strategic bulk oil storage facility at the new Tangiers Mediterranean port of Morocco. Today, HTL announced it has awarded the EPC construction contract to the construction division of Bateman Litwin, a leading provider of innovative turnkey solutions for the global oil and gas sector.
The 90-Million-Euro terminal, to be built in two phases, will ensure a steady supply of bunker products to vessels calling at the Tangier Med port and will provide an important route for diesel and petrol for the Moroccan market. Phase 1, costing approximately 70 Million Euros, will consist of 370,000 cubic metres of storage and is expected to be completed by mid-2009.
“To meet projected demand, we are also looking at an immediate expansion to reach 500,000 cubic metres of storage at an additional investment of about 20 Million Euros”, said Saeed Khoory, ENOC Group Chief Executive.
The 90-Million-Euro terminal, to be built in two phases, will ensure a steady supply of bunker products to vessels calling at the Tangier Med port and will provide an important route for diesel and petrol for the Moroccan market. Phase 1, costing approximately 70 Million Euros, will consist of 370,000 cubic metres of storage and is expected to be completed by mid-2009.
“To meet projected demand, we are also looking at an immediate expansion to reach 500,000 cubic metres of storage at an additional investment of about 20 Million Euros”, said Saeed Khoory, ENOC Group Chief Executive.