OTAGT Awards Geldof and BAM EPC Contract for One of the Largest Propane Tanks in Europe
07.15.2019 - NEWS

July 15, 2019 [Tank News International] – Oiltanking Antwerp Gas Terminal (OTAGT) awards Engicon NV (Geldof) and BAM Contractors (BAM) an EPC contract for the construction of a fully refrigerated 135.000 cbm storage tank in the port of Antwerp.

Oiltanking Antwerp Gas Terminal is a long-term integrated logistics partner of Borealis, the latter being a provider of innovative solutions in the fields of polyolefin, base chemicals and fertilizers. In light of Borealis’ new Propane Dehydrogenation (PDH) plant”, a fully refrigerated 135,000 cbm tank will be constructed on OTAGT’s premises.

OTAGT has awarded Geldof – in consortium with BAM – The EPC contract for the construction of this tank. More specifically, it concerns the construction of a double containment fully refrigerated storage tank, implying that the gap between the inner and outer tank is sealed. The propane which will be stored inside the inner carbon steel tank (resisting extremely cold temperatures), is protected from external elements such as fire, explosions and atmospheric impacts by the second wall which is also impermeable to liquids and vapours.

With a net working capacity of 135,000 cbm and a maximum liquid capacity of 145,000 cbm, this propane tank will be one of the largest in Europe.

Geldof and BAM are responsible for the supervision and execution of the EPC-project of the tank, from the beginning to the end. A good balance between price and positive references, combined with a good professional relationship, led Oiltanking Antwerp Gas Terminal to engage Geldof in this project. Both Geldof and BAM have comparable references and have worked together on successful projects, ensuring the necessary know-how and expertise for this multidisciplinary project.

Finalisation of the project is foreseen end of 2021.

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