NEW LAND FOR NEW OIL TERMINALS

IN 2017, Tank Storage Magazine reported on the start of work on a 3,485 acre (1,410 ha) man-made island off the south-western coast of Johor in Malaysia, that had been created by Malaysia’s largest publicly listed marine construction company Benalec, to offer an alternative location for oil and gas storage The first 100-acre land of the Tanjung Piai Maritime Industrial Park (TPMIP) is now fully reclaimed and ready for the top-side development of a greenfield oil terminal. TPMIP has more than 7 km of coastline and natural deepwater of 30 metres, allowing it to accommodate the largest ships in the world, including very large crude carriers (VLCCs), ultra large crude carriers (ULCCs), and Valemax bulk carriers. It also has vast tracts of land available for future expansion. Benalec says that TPMIP is suitable for all major midstream to downstream oil and gas developments. STRATEGICALLY POSITIONED As well as the obvious benefits of a purpose-built island designed specifically for oil and gas industry developments, TPMIP has a number of other unique selling points. Benalec says that southern Johor is Malaysia’s ‘most promising oil and gas hub.’ It has a steadily growing oil...