The $20 million expansion to BP’s Largs North fuel terminal in Adelaide will enable BP to continue expanding its business in South Australia and also ensure customers have an even greater security of supply.
BP’s Largs North terminal is already the largest storage facility in the region, and once upgrades are complete, new tanks will double its diesel storage capacity.
Work has already started on the design of two additional 30 million litre storage tanks, with their construction to begin in the second half of this year.
A rail gantry will also be built within the terminal to allow fuel to be transported throughout the state by rail.
President BP Australasia, Paul Waterman, said; “The new tanks, combined with the new rail loading gantry will provide flexibility and additional supply security to our customers in South Australia.
“This announcement follows the recent award of four exploration blocks offshore South Australia which will see BP investing $1.4 billion in seismic and drilling activity over the next six years.”
He added, “BP is the current market leader for supplying diesel fuel to the mining and transport industry. Today’s announcement is another example of our intent to maintain that position.”