The Hon Tom Koutsantonis Breaks First Ground
BP today announced that construction activity on the planned expansion of its Largs North fuel terminal in Adelaide had begun.
To mark the occasion the Hon Tom Koutsantonis, Minister for Manufacturing, Innovation and Trade, turned the first sod.
The expansion project was announced in April 2011 and since then BP has been refining its plans and carrying out site clearance and ground works.
The first phase of this proposed $20 million expansion will see the construction of a new 30 million litre storage tank. Once completed it will allow larger volumes of diesel to be stored on site, providing greater operational flexibility and increased security of supply.
In addition to the new storage capacity, BP has recently carried out a $4 million upgrade to the terminal’s fire-fighting system and spent $2 million on installing a vapour recovery unit.
Over the next five years, BP plans a further $20 million of investment at the Largs North terminal. Subject to final approvals, this investment will improve reliability, reduce risk and further improve environmental performance.
Commenting on the activity Mr Paul Waterman, President BP Australasia, said: “Adding to our storage capacity in Adelaide will allow us to further optimise shipping operations from our Kwinana refinery in WA and capture the opportunities presented in South Australia.”
“We also plan to continue to invest in our terminal infrastructure to reduce risk and ensure our operations are safe, reliable and able to meet the needs of our customers.”