Project
The first oil terminal of its kind in the Eastern Mediterranean connects Europe and the Black Sea with markets in the Middle East and Asia.
In November 2014 a new oil product terminal in Vasiliko, Cyprus, opened for business. Thanks to the strategic location it is the first terminal of its kind in the Eastern Mediterranean, connecting Europe and the Black Sea with markets in the Middle East and Asia.
The €300 million project is the biggest infrastructure project constructed in Cyprus in recent years, and has put the island on the global energy map.
Vitol Tank Terminals Vasiliko (VTTV) is the investor and operator of the facility with a storage capacity of 850,000m3, and the four import berths – with a capacity up to 180,000 TDW - now serve the vessels in the Mediterranean region.
The contractor, Joannou & Paraskevaides (Overseas) Limited (J&P), was awarded the contract to carry out engineering, procurement and construction (EPC) of a tank farm and load out facility at the south coast of Cyprus. J&P requested the engineering services for the conceptual and detailed design for the jetty works excluding topside facilities.
Planning, engineering and detailed design of jetty structures and dredging works for the terminal located at an exposed location comprised:
