Lukoil dedicates Barcelona products terminal

OAO Lukoil dedicated a new petroleum terminal at the port of Barcelona. A 50-50 joint venture established in July 2010 between Litasco, an international oil trader and wholly owned Lukoil subsidiary, and Spanish company Meroil, built the terminal.

The terminal, part of an expansion of Meroil’s existing facilities, includes 13 tanks with an aggregate capacity of 360,000 cu m. Tanks range in volume from 6,500 cu m to 40,000 cu m on a 40,000-sq-m site. The existing Meroil terminal, connected to the pipeline system of Hydrocarbonates Logistics Co., includes 8 petroleum-product loading gantries with a throughput capacity of 400 tank trucks/day.

Litasco will use the new terminal, which brings Meroil’s total capacity at Barcelona to 1 million cu m, to reexport and distribute diesel, biodiesel, and jet fuel in Spain. The Port of Barcelona also commissioned a 275-m jetty to moor tankers of up to 150,000 dwt.

The new terminal is compliant with the international QHSE Management System, Lukoil said.

Contact Christopher E. Smith at [email protected].