The terminal will include eight tanks with a total 31,500-ton storage capacity, being connected by rai and road to the harbor and national infrastructure.
JT Terminal will be the first private oil product terminal in Romania built in the past 50 years.
“JT Terminal will be the most modern liquid oil product terminal at the Black Sea providing storage and manipulation spaces for specific products with the end purpose of distributing them on the internal or external fuel market. It’s an extensive project, developed in two stages. The second stage, set to unfold during the March-December period, envisages the development of the superstructure needed to support the implementation of the project in its entirety,” said Jean Paul Tucan, the majority stakeholder in JT Grup Oil SA.
According to the company, the terminal will boost fuel storage and distribution capacity, covering as much as one million tons per annum of the annual deficit of two million and a half tons.
Founded in 2001, JT Grup Oil carries out fuel distribution operations in southeastern Romania with the aid of an own fleet of 11 tanks.
(English version by Catalina Apostoiu)