Petredec, Bidvest to develop 22 600 t LPG storage facility

Liquefied petroleum gas (LPG) logistics company Petredec has entered into an agreement with bulk liquid storage operator Bidvest Tank Terminals to develop a new 22 600 t facility for the import and storage of LPG at Bidvest’s site, in Richards Bay. The completed facility will be the region’s largest pressurised LPG import terminal, featuring four mounded tanks, each capable of storing more than 5 500 t of gas, guaranteeing year-round availability. Despite growing demand in domestic and regional ...