Gasco Energy has started excavation works at Benghajsa in preparation for construction works of a new €20 million LPG facility, due to be completed by September 2012.

Gasco Energy Ltd recently signed a multimillion euro contract with Italian company Tanko SpA, for the provision of six storage tanks to be commissioned within 14 months. Bonnici Brothers have been entrusted with the civil works and Mekanika Ltd for the building services and fire fighting systems.

The latest state of the art LPG cylinder filling plant will be supplied by a leading Danish company ensuring the safe and proper filling of cylinders..

“This is a complex project as well as an important one for Malta, as it will ensure that LPG shortages will be avoided when there is heightened demand or when unloading is made difficult by weather conditions thanks to an increased 70% storage capacity compared to the current ones,” said Gasco Energy CEO, Roberto Capelluto.

The site of the new investment is an old disused quarry next to the oil tanking facility on the outskirts of the Malta Freeport. It will include a gas terminal connected by a pipeline to a jetty, a storage capacity of up to 4,800 metric tonnes, a state of the art cylinder filling station and an administrative block. Its main cylinder filling plant will be able to fill around 1,200 cylinders an hour.

Gasco has also started talks with Enemalta in order to submit a MEPA application for the dismantling of the old plant at Qajjenza once the new plant is ready.

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