R1bn Richards Bay mounded LPG storage facility commissioned

13th November 2020

By: Creamer Media Reporter


Font size: - +

The R1-billion mounded liquefied petroleum gas (LPG) storage facility in Richards Bay, owned by South African independent bulk liquid and gas storage operator BidvestTank Terminals and independent LPG specialist and trader Petredec, has been commissioned.

The 22 600 t storage facility is the region’s largest pressurised LPG import terminal, guaranteeing year-round availability of LPG in South Africa and neighbouring countries.

The facility’s four LPG storage tanks are each 60 m long and 16 m in diameter, making them the largest such storage tanks in the world.

The first parcel of LPG – arriving on a Petredec gas carrier from the Gulf of Mexico – was offloaded to the site in early October, and the loading of trucks for distribution throughout South Africa and to neighbouring countries has started.

Petredec will facilitate the wholesale distribution of imported LPG through local subsidiary Petregaz.

Dedicated 24-hour road tanker and railcar loading facilities will ensure constant supply throughout Southern Africa. This is anticipated to have a positive impact on the South African economy.

“We are tremendously proud that we have reached such a significant milestone, both for the project and for the supply of LPG to South Africa. LPG is an unmatched source of energy for water, space and food heating applications and is increasingly used in gas-to-power applications.

"However, its adoption in Southern Africa has, until now, been hampered by unreliable supply. The commissioning of the facility – also capable of seaborne re-exports to neighbouring countries – will unlock previously unattainable economies, resulting in lower supply prices to the local market, and dependable, year-round access to LPG,” comments Petredec MD Lee Furby.

“It is more important than ever for South Africa to secure a reliable and cost-effective energy mix to drive real gross domestic product growth in order to create employment and prosperity for all.

"We anticipate that the stability of supply made possible by this R1-billion facility will stimulate the expansion of the LPG value chain, thus creating myriad opportunities for small, medium-sized and microenterprises and, ultimately, contributing to job creation,” adds Bidvest Group CE Mpumi Madisa.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online



Sandvik Rock Processing Solutions
Sandvik Rock Processing Solutions

Sandvik Rock Processing Solutions is a leading supplier of equipment, tools, parts, service and solutions for processing rock and minerals in the...

Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers


Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (24/11/2023)
24th November 2023 By: Martin Creamer
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 24 November 2023
24th November 2023
Photo of Martin Creamer
Renewables, green hydrogen, platinum make headlines
23rd November 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.151 0.23s - 89pq - 2rq
Subscribe Now