Morocco oil storage facility

Horizon Tangiers Terminals Ltd is starting construction of a strategic bulk oil storage facility at Morocco’s new Tangiers Mediterranean port. Kuwait-based Independent Petroleum Group and Morocco-based Afriquia SMDC Afriquia SMDC Loading has been awarded the concession to build and operate the bulk fuels terminal by the Tangier Mediterranean Special Agency in 2006. Horizon Tangiers awarded the EPC construction contract to the construction division of Bateman Litwin, a leading provider of innovative turnkey solutions for the global oil and gas sector. The first phase, costing EUR 70 million, will consist of 370,000cum of storage and is expected to be completed by mid-2009.
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