44-milllion litre fuel tank farm set to rise in New Zealand

A 44-million litre bulk fuel terminal is set to be built at the port of Timaru Oil Services Limited (TOSL) in New Zealand, reports The Timaru Herald.

TOSL has secured a government permit to carry out a NZD 30-million construction project at Timaru Primeport.

The project would include the construction of four 8,000 cubic metre fuel storage tanks and two tanks with 6,000-cubic metre storage capacity.

Engineering firm LogiCamms, in an interview with Radio New Zealand, said that the fuel facility will be the only new complete terminal in New Zealand.

Oil companies also laud the project as it will boost fuel supply and increase competition in the country.

TOSL is owned by Pacific Petroleum, a company that supplies fuel through the region including Tahiti, Vanuatu, New Caledonia, the Cook Islands, and Fiji.