OLIVIA PETROLEUM (hydrocarbon traders) has acquired the shore tanks of ISTAMELSA terminal in Cadiz, ZONA FRANCA.
The storage consists of 5/6 tanks with a total capacity said to be 25000 m3, which supposedly will be dedicated to Gas Oil, Gasoline and Fuel Oil.
Terminal is not operative yet but tanks are ready and pending of bidding formalities with Port Authorities.
The same owners have also aquired some tanks at CABEZUELA pier in Cadiz, under the name of OPETRADE, which are the former tanks of SERPOSUR (dedicated to vegoils and which are currently going to be fitted for hydrocarbon products).
