Madrid headquartered tank storage operating company Exolum will manage the bulk liquid product storage terminal located on La Osa pier at the port of Gijon after winning the tender organized by the Port Authority of Gijon.

Over the 15-year term of the concession, Exolum will invest €3m to connect the new terminal to the existing one owned by the company, for optimal integrated management, and to modernize and adapt the infrastructure in order to offer a wider range of logistics services.

The terminal has a capacity of 67,000 m3 in 12 tanks plus a service station, and it also offers extensive vessel, road tanker and, eventually, train interconnection options.

The port of Gijon is a key location for logistics operations owing to the quantity and quality of its connections with the region’s industrial hub, giving Exolum an opportunity to invest in a larger number of tanks to transport and store new energy vectors, such as biofuel, eco-fuel, hydrogen, ammonia, methanol, carbon, etc., as the company states.

Jorge Guillén, Exolum’s Spain region lead, said: “At Exolum, we are committed to investing in Spain and, particularly, to developing logistics investments at ports that support the energy transition.

“The port of Gijon, therefore, represents a great opportunity to develop a larger volume of logistics operations and to boost the diversification of our business, thus expanding our services to new energy vectors that are relevant for the modernisation, competitiveness and sustainability of the industrial infrastructure in Asturias.”

Source: Exolum