ALLEVIATING CONGESTION IN CÁDIZ

Olivia Energy Group tells Tank Storage Magazine about the expansion of its Puerto Real Terminal in Cádiz, Spain. Initially built in 2008, Olivia Energy Group’s terminal in Puerto Real, Cádiz, Spain represents a highly strategic location. While it’s a local storage company, Olivia Energy Group is focused on global trade, so being situated in one of the five main global shipping lanes is crucial to its business. Being ‘glocal’ is essential. INCREASING CAPACITY Olivia Energy decided to expand the 30,000m3 Puerto Real terminal as the market demand was far outstripping its current capacity. Olivia Energy was experiencing an increased demand for physical trading activities on middle distillates, and all terminals in the region were already committed to long-term contracts. So, it was time to invest in additional capacity. The expansion was completed in August 2022 and includes eight new tanks for fuels and chemicals, ranging from 250m3 to 9,000m3. The new total storage capacity is at 80,000m3 and the Puerto Real terminal is expected to hold a throughput of around 600,000 tonnes per year. In total, the capacity of Cádiz Port, along with other terminals in the group, has...