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FCC win contract to build Vopak's storage terminal in Panamá

The consortium FCC and Felguera IHI has won the contract in Panama for the construction of Vopak's independent oil storage terminal in Bahía las Minas (province of Colón), on Panama's Atlantic coast. The contract was awarded by Royal Vopak, the world's leading independent tank storage provider for the oil and chemical industry.

The new terminal will be located next to the existing 509,000 cbm Chevron terminal in Panama, which is operated for Chevron by Vopak. The new independent Vopak terminal will have nine storage tanks for marine oil, fuel oil and clean oil products (diesel, gasoline and Jet A) with an aggregate capacity of approximately 360,000 cbm. The project entails, in addition to the new tankage, complementary marine infrastructure, including jetties to handle ships of up to 80,000 dwt.

Work is scheduled to start immediately, with a delivery time of 24 months. The works comprise the complete delivery of the terminal in turnkey mode including responsibility for the design, supply of materials and the construction of the facilities. The consortium will also commission the terminal delivering it to Vopak ready for immediate commercial operation.

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