Sonker Bunkering Company has declared the launching of the first construction phase of the liquid bulk terminal in Ain el-Sokhna, worth LE3 billion.
The project, which covers an area of 400,000 square meters, will be carried out by Petrojet.
Tareq al-Molla, executive chief of the Egyptian General Petroleum Corporation, said the project will provide a key point of exit for Egypt’s petroleum imports via Red Sea, and that it will be a comprehensive logistic platform, carried out with the latest technology, in order to achieve the best performance, safety and security in the storage and circulation of petroleum products.
Mohamed Sheemy, head of Petrojet, expects the terminal to be operational in the first quarter of 2017.
Osama al-Sherif, the managing director of Sonker, said the terminal will include a maritime platform 415 meters long and 17 meters deep, which will be able to simultaneously receive two vessels with a capacity of 120,000 tons each.
Edited translation from Al-Masry Al-Youm
