NewsWest AfricaIvory Coast's San Pedro port to build refined fuel terminal

Tue,20Nov2018

Posted on Thursday, 06 February 2014 07:09

Ivory Coast's San Pedro port to build refined fuel terminal

By REUTERS

File Photo©ReutersIvory Coast's second port of San Pedro will build a new refined fuel terminal targeting distribution in the country's west as well as export markets in neighbouring Liberia, Guinea and Mali, the head of the port said on Wednesday.

 

San Pedro is the world's leading port for cocoa exports, shipping more than half of total output from Ivory Coast, the top producer of the chocolate ingredient.

We want to satisfy the fuel and gas needs of the country's western region and progressively those of Mali, Guinea's Forest Region and eastern Liberia

But it is now undertaking wide-ranging renovations as part of a diversification drive.

Construction of the new terminal, which will have storage capacity for 50,000 tonnes of fuel products, is set to start next year and last 36 months.

State oil company Petroci, the Autonomous Port of San Pedro and their partners will finance the 30 billion CFA franc project, Hilaire Lamizana told Reuters on the sidelines of a conference in the commercial capital Abidjan.

"We want to satisfy the fuel and gas needs of the country's western region and progressively those of Mali, Guinea's Forest Region and eastern Liberia," he said.

The refined products will be shipped from Abidjan's Societe Ivoirienne de Rafinage (SIR) refinery, he said, adding that western Ivory Coast alone required 3 million tonnes of fuel annually.

In addition to the 690,518 tonnes of cocoa and coffee shipped from San Pedro, 4.32 million tonnes of goods passed through the port in 2013, up 34 percent from the previous year.

The port is targeting traffic of 10 million tonnes from 2016.



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