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Oil Deposit Corunna SL Application For New Terminal In A Coruña Port Progresses

Oil Deposit Corunna SL application for new terminal in A Coruña port progresses

Coruña, Spain (PortSEurope) March 31, 2019 – The concession requested by Oil Deposit Corunna SL (ODC) to build and operate a liquid bulk concession in the Outer Port is progressing. Asi, the Consellería de Economía, Emprego y Industria has sent Diario Oficial de Galicia (DOG – the Official Gazette of Galicia) the agreement by which the project is submitted for public consultation, as well as
the environmental impact study, both presented by the company itself. ODC has applied to Autoridad Portuaria de A Coruña (APC – A Coruña Port Authority) for concession in the Outer Port for the construction of a terminal management of hydrocarbons, in an area of ​​45,035 m², with a Storage capacity of 350,000 m³, for mixing, transformation, loading and unloading of liquid bulk, taking advantage of the many attributes that the port of A Coruña has against other competitors, such as Amsterdam, Rotterdam or Antwerp. Once the project and the environmental impact study are published in the coming days, a period of one month will be available for comment. A Coruña was selected as a base port mainly because of its excellent geostrategic position as a gateway to the continent, northern Europe and Asia. In addition, the greater draft of its port, which allows the entry of large-sized vessels and, therefore, savings in the freight costs of potential customers, position Punta Langosteira as a port of exceptional characteristics for the traffic of big ships. The terminal will involve an initial investment of around €35 million ($39.31 million), with the forecast of generating more than 100 direct and indirect jobs. It is therefore a unique opportunity to position the Outer Port of A Coruña as a hub port for energy bulks, since CDC will operate as well as the Repsol SA oil terminal. Source: Autoridad Portuaria de la Bahía de Cádiz Copyright (C) PortSEurope. All Rights Reserved. 2019.

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