Work starts on $20m petrol warehouse in Quang Tri

Monday, Mar 02, 2020 08:15

Delegates attend the warehouse's groundbreaking ceremony. — Photo

The Viet Lao Petrol Oil Investment JSC started construction of its dockside warehouse, which is expected to cost nearly VND470 billion (US$20.2 million), in the central province of Quang Tri late last week.

Spanning 16ha in Trieu Phong District, the warehouse has a storage capacity of 200,000cu.m.

It will include a depot, pumping station, a wharf for vessels up to 40,000 tonnes, and a petrol export wharf for vessels weighing 3,000 tonnes.

During the first stage, a petrol warehouse with a storage capacity of 60,000cu.m will be built. More facilities will be constructed and the storage capacity will increase by 140,000cu.m in the second stage till 2035.

The warehouse will supply petrol to the province and other localities in the region, as well as ship petrol to Laos and Thailand.

During the groundbreaking ceremony, Vice Chairman of the provincial People’s Committee Nguyen Quan Chinh said his province would remove any difficulties faced by investors to facilitate the project's implementation. — VNS

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