VTTV reaches 96% capacity on anniversary
VTTV, the fuel and crude oil storage facility at Vassiliko owned by international energy giant VTTI, has already reached 96% of its capacity, just as the terminal prepares to celebrate its first anniversary at the end of this month.
The terminal offers storage capacity of 544,000 cu.m. with 28 tanks for gasoline, diesel, jet fuel, kerosene, naphtha, MTBE and FAME, as well as a jetty that extends 1500m offshore with four berths for ship tankers from 5,000 to 160,000 DWT and capability of loading and discharging vessels at 2500 cu.m. per hour.
Having already invested EUR 300 mln in the project, built by construction giant J&P, the owners intend to expand the facility with future plans expected to expand the terminal, diversify customers’ portfolio and evaluate regional opportunities, such LPG and LNG gas, as well as evaluating the offshore extension with 13 tanks of total capacity 305,000 cu.m. for fuel oil and crude oil.
Already, the government of Cyprus is an important customer, keeping its strategic stocks at the VTTV terminal.