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R650m terminal for Cape Town

Source: IOL, 20/11/2015

Cape Town - A new R650 million fuel terminal that will create about
350 new jobs has been launched in Cape Town.

Earmarked as a greenfields project, the Burgan Cape Terminals was
launched on Thursday by the Dutch Minister of Agriculture and State
Secretary of Economic Affairs Martijn Van Dam, and the South African
DG of the Department of Trade and Industry (DTI).

DTI DG Lionel October said the Burgan Cape Terminals, with a storage
capacity of 118 670 m3 was an Operation Phakisa project, which was
"the first major project to be rolled out in the port of Cape Town".

The terminal, which would create about 350 new jobs is expected to be
completed in 2017.

October said this project, which would generate economic growth in the
Western Cape and ensure fuel security, was a "good example of how the
state and private sector can work together in achieving our strategic
objectives".

Dutch Agriculture Minister Martijn Van Dam said it was fitting that "a
Dutch company such as VTTI, which has a long history of port
operations, logistics and distribution in the oil and gas sector, is
part of the Burgan Terminal project."

The project is a partnership between Dutch terminal operator VTTI and
South Africa's Thebe Energy.

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