In a statement released by Transnet on 12 December 2016 the Transnet National Ports Authority (TNPA) announced the conclusion of an agreement with Oiltanking Gridrod Calulo (Pty) Ltd (OTGC) who will; “plan, fund, construct, own, maintain and operate a new liquid bulk facility at the Port of Nqura.”
According to the release; “This will enable the Port to play a vital role in ensuring the security of South Africa’s fuel supply, by creating a new petroleum trading hub for Southern Africa once the existing lease for liquid bulk facilities at the Port Elizabeth harbour expires and the operation is relocated to Nqura.”
OTGC is a leading storage partner for oils, chemicals, gases and dry bulk, operating 81 terminals in 23 countries with a total storage capacity of 21 million cubic meters.
MyPE awaits answers to these questions:
- What exactly does this mean for the existing facility in the Port of Port Elizabeth?
- Does it stay?
- If it is going to go to Nqura what are the timelines?
- What about rehabilitation?
- What is going to replace it when it does move?
These questions have been escalated to Transnet National and we await an answer.
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