Jurong Port and German tank operator Oiltanking opened the new Jurong Port Tank Terminals (JPTT) in Singapore on 29 July. The terminal which occupies 12 hectares has four deep-water berths, can handle vessels up to 180,000 tonnes, and can store up to 252,000 cubic meters of low-sulphur petroleum products in the first phase. Singapore’s Senior Minister of State for Trade and Industry Chee Hong Tat, said the new facility will strengthen Singapore’s position as one of the world’s top bunkering ports for low-sulphur fuels. Excluding infrastructure, the terminals cost SGD140 million (USD102 million).
The facility was designed specifically to handle clean petroleum products by adopting a dedicated tank inlet and outlet to prevent contamination. Furthermore, a direct pipeline to Jurong Island’s petroleum and petrochemical network allows companies to save up to 30% in transport and handling costs when compared to the use of vessels.
“JPTT, which has been partly operational since April, has received, blended and discharged more than one million tonnes,” said Jurong Port Chief Executive Officer Ooi Boon Hoe. PetroChina, JPPT’s first customer, has leased the facility’s storage capacity during its first phase. The second phase of the facility is expected to add another 310,000 cubic metres of clean petroleum storage, bringing JPTT’s total storage capacity to 562,000 cubic metres.
“Jurong Port’s ability to continually innovate and create value for its customers will play a crucial role in ensuring that Singapore remains competitive in attracting strong investments from key players across various industries, and creating good jobs for our workers,” said Chee.