Basseterre, St. Kitts -Nevis
December 10, 2007 (CUOPM)
St. Kitts and Nevis Prime Minister Hon. Dr. Denzil L. Douglas says Venezuela’s state-owned energy company, Petroleos de Venezuela SA (PDVSA) is to construct a storage tank farm close to the C.A. Paul Southwell Industrial Park.
The project will begin in the first quarter of 2008 and will have a capacity of 34,200 barrels.
Prime Minister Douglas said the storage tank farm will consist of Two (2) 12,000 bbl HFO tanks (Heavy Fuel Oil); One (1) 5,000 bbl Jet Aviation Fuel Tank; Two (2) 5,000 bbl Gasoline Tanks; One (1) 2,140 bbl LPG Tank and One (1) 5,000 bbl Water Tank.
Dr. Douglas said a 12,000 bbl Diesel Tank will also be constructed at the Needsmust Power Station.
He disclosed that bids have already been received for this project and by the end of this month the contract will be awarded to commence work in the area to construct the storage facilities.
Prime Minister Douglas also disclosed that a local St.Kitts company, PDV (St. Kitts-Nevis Ltd) has already been incorporated and the Joint Venture Company is now in the process of establishing offices in Basseterre.