The PT Jakarta Tank Terminal (JTT) – a joint venture between Royal Vopak and PT AKR Corporindo Tbk (AKR) – will be expanding its storage capacity for petrol and biofuels by 100,000m3 in Indonesia, Royal Vopak announced on 16 February.
The expansion will bring the total tank capacity of JTT to more than 350,000m3 and is expected to be commissioned in several phases during 2019.
The JTT terminal is located in Tanjung Priok, the main port of Jakarta, and serves the import and distribution market for fuel products in the greater Jakarta region and Indonesia’s islands.
“This expansion will add eight tanks with a total capacity of 100,000m3 for petrol, ethanol and biodiesel, a vapour recovery unit and additional (in-line) blending infrastructure which will facilitate customers to comply with Indonesia's biofuel blending mandate regulations,” Royal Vopak said.
The global tank storage company said imports of fuel products, particularly petrol, had been rapidly increasing in Indonesia over recent years and was expected to grow further, driven by the country’s economic growth and rising population.
The Rotterdam-headquartered group operates 66 terminals in 25 countries with a combined storage capacity of 35.9M m3, storing and handling bulk liquid products and gases including petroleum, chemicals, gases, LNG, biofuels and vegetable oils.
PT AKR Corporindo Tbk is Indonesia's leading supply chain and logistics provider for petroleum products and basic chemicals. It has tank storage terminals spread across Indonesia's archipelago in over 15 sea and river ports.