Sharjah, UAE, February 22, 2015: Gulf Petrochem Group, a leading player in the global oil industry,   has today announced the commissioning of the first phase of its liquid cargo storage terminal at Pipavav Port.  The storage terminal has an annual capacity of 250,000 kilo litres (KL) and will therefore further ease supply and availability of Petroleum, Non Petroleum and Petrochemical cargo in the northern part of India.

The first phase has a capacity of 110,000 KL and the second phase with a capacity of 140,000 KL will be commissioned by mid-March.

"The location of our terminal offers a strategic and logistical advantage to our customers in the North Western markets. This project stands as a stepping stone for the terminal storage sector within the Indian market, further consolidating our plans for India, future investments and further strengthening Gulf Petrochem's position as a leading player in the global oil space" said, Mr. Manan Goel, Director, Gulf Petrochem.

Gulf Petrochem's oil terminal in Pipavav is a modern terminal with state of the art facilities adhering to all International and Indian safety guidelines.

The terminal has a total number of 46 tanks of different capacities which befits different product requirements for all classes of petroleum products, chemicals, petro chemicals, vegetable oil, lube base oil, fuel oil and also bitumen.

It also has an exclusive oil berth with a draft of 12 mts for handling medium range vessels that carry up to forty thousand tons of cargo.

Gulf Petrochem's bitumen lines are fully heat traced as they are installed with two MKCal/hr boilers for heating products like bitumen/fuel oil and maintaining the desired product temperature.

The company has already started receiving confirmed interest from major oil companies for tank hiring.

The terminal also benefits from having excellent hinterland connectivity by road and rail. There are independent multiple bay gantries for truck loading and full rake rail siding for handling multiple products. 

About Gulf Petrochem Group
Gulf Petrochem Group is a leading player in the oil industry, specializing in Oil Trading and Bunkering, Oil Refining, Grease Manufacturing, Oil Storage Terminals, Bitumen Manufacturing, and Shipping and Logistics. Headquartered in United Arab Emirates, and having a presence in South Asia, the Far East Asia, Africa and Europe, Gulf Petrochem has emerged as one of the well-established manufacturers and traders of petroleum products in major parts of the world.

PR Contact: Adil Elaouad | adil@limelightprme.com | 050 559 7522

© Press Release 2015