• Chadeco Petroleum Warehousing Limited

» Chadeco Petroleum Warehousing Limited

Chadeco proposes to build, own and operate (BOO) a modern, state-of-the art petroleum product storage depot at Ada in the Greater Accra Region. It will be equipped with loading racks that will incorporate the conventional top loading as well as bottom loading facilities and vapour recovery systems.

The total storage capacity of the depot for the storage of petroleum products will be 500,000 m3. Among the products to be stored will include, but not limited to Crude Oil, Petrol, Diesel, Jet Fuel and Liquefied Petroleum Gas.

The depot will be operated as a Warehouse whereby Oil Trading and Bulk Distributing Companies requiring storage facilities for their imported products can avail themselves to Chadeco’s facilities to store and dislodge the products for onward distribution to their bulk consumers.

For the use of its facilities, companies will pay agreed throughput fees per metric ton for products stored. Such fees shall be approved by the NPA.   

Prospective investors interested in having shares or entering into Joint Venture (JV) Agreements with Chadeco in putting up such a facility will be wholeheartedly welcome.

 

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