Pengerang Terminal
Independent Deepwater Petroleum TerminalThird tank terminal project which involves the development of an independent deepwater petroleum terminal and tankage facilities located at Pengerang, Johor. This proposed terminal is a tankage facility for handling, storing, blending and distribution of crude oils and petroleum products with marine facilities capable of handling very large crude carriers with a water depth of up to 26 metres. It will be the first deepwater terminal in
The terminal will be jointly developed by DIALOG, VOPAK and State Secretary of Johor, Incorporated ( SSI ). A joint venture company ( JV ) will be formed where DIALOG and VOPAK, both will hold an equity interest of 90% in the JV with the balance of 10% by SSI. These parties are now conducting a detailed feasibility study and an environmental impact assessment to determine the viability of the project
The terminal will be built on a 500-acre of reclaimed sea-bed land which has a lease period of 30 years with the option to extend for another 30 years.
First phase will include development of tanks for crude oils and petroleum products with a storage capacity of 1.4 million m3 .
The entire development will eventually support about 5 million m3 of storage capacity and it will take about 10 years to fully develop.
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