Exolum Invests €12 Million in Lanzarote Airport Fuel Terminal
05.08.2024 By Tank Terminals - NEWS

May 08, 2024 [Tank Storage]- Exolum will invest €12 million in the construction of a new aviation fuel storage terminal and a new loading area for refuelling units at the Lanzarote airport, Spain. This new infrastructure will make it possible to offer better service to the various operators at the airport and maximise efficiency.

 

The new facility will have a storage capacity of at least 6,000 m3, divided amongst three aboveground tanks, with space and facilities foreseen for the construction of a fourth tank in the future. It will also feature two positions for simultaneous discharge of road tankers and a loading position for emergency situations.

The new loading area for refuelling units, in turn, will have four positions for Jet A1 loading, and the two facilities will be connected by means of underground pipes. An airside loading and unloading facility, along with a 3,000-litre AVGAS 100LL storage tank will also be available.

This full renovation includes new access roads and parking areas for into-plane fuelling vehicles. Furthermore, significant enhancements will be made in terms of energy efficiency, such as the construction of a photovoltaic power plant and installation of electric vehicle charging points. This new infrastructure will also be fitted out with state-of-the-art safety and environmental protection systems.

In addition, the project includes dismantling of the current facilities and existing pipeline and, when the work has been completed – in approximately three years– the company will operate the new facility for a period of 12 years.

The Lanzarote airport is the second airport, along with Tenerife Sur, operated by Exolum on the Canary Islands, thus positioning the company ideally to continue growing on the islands in the aviation fuel storage and distribution infrastructure management sector, in which Exolum has gained extensive experience through its activities at airports across Europe and Latin America.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ADNOC Gas Q4 2025 Net Income Decreases 15% to $1.2bn
02.10.2026 - NEWS
February 10, 2026 [Offshore Technology]- ADNOC Gas has reported a net income of $1.17bn for the f... Read More
AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More