Wuhu Erhuan Petroleum is expected to wrap up construction of 100,000-cu-m oil terminal by the end of 2011, C1 learned from a company source.
"We started the construction early this year and plan to finish main parts by year-end," said the source with the company's operation department. "The terminal would be used mainly to store gasoil and gasoline, besides a small volume of kerosene," added the source.
The terminal, located in Sanshan District of Wuhu City in Central China's Anhui Province, includes ten 10,000-cu-m oil tanks, the source introduced.
With the terminal on-stream, Wuhu Erhuan Petroleum would have a total storage capacity of 174,000 cu m and see turnover expanded to 1-mil mt per annum, the source furthered.
Wuhu Erhuan Petroleum is also equipped with one 3,000-DWT oil jetty.
