On 15 February 2016, tank storage company Vopak begun operations at its new independent LPG import and storage terminal on Jurong Island, the first of its kind in South-East Asia. The LPG unit will have an initial capacity of close to 80,000 cubic meters.
Operations begin at Vopak LPG facility
Vopak’s new facility is part of the Jurong Island v2.0 initiative, a strategic blueprint focused on infrastructure developments and system-level optimisation of valuable resources, to ensure the long-term competitiveness and sustainability of Singapore’s energy and chemicals sector.
“We are very well-positioned to capture the flows of LPG coming from the United States and Middle East, and our independent LPG facility is geared towards becoming a strategic gas centre in the future,” said Mr Tan Soo Koong, the managing director of Vopak Terminals Singapore.
Vopak operates five terminals here with a total capacity of more than three million cubic metres.
“Improving feedstock competitiveness is a focus area under the Jurong Island version 2.0 initiative, which aims to grow the sector in a competitive and sustainable manner,” said Mr Damian Chan, Executive Director, Energy & Chemicals, Singapore Economic Development Board.
“With this new LPG facility, crackers can now tap on alternative feedstock. This will strengthen our integrated chemicals value chain and further enhance Jurong Island’s attractiveness as a manufacturing location for high-value added chemicals,” he added.
- 15 February 2016