Equatorial Guinea: Bioko terminal prefeasibility due for completion in Q3

South Africa’s SacOil has said prefeasibility studies for the planned Bioko Oil Terminal are due for completion in Q3. The terminal has been designed to have a total storage capacity of 1.2mcm of refined products and crude and will be developed in two phases. The first phase will have storage capacity of approximately 680,000m3 for refined products with the aim of supplying regional markets with petrol, naphtha, diesel and jet A-1. Subsequent phases will include the development of further crude oil storage.