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The new storage depot at Vasilikos

19.08.2015

ACTIVITY on the once bustling Larnaca coast road, home to dozens of energy companies, is finally grinding to a halt as operations move to Limassol.

On Monday, the Ministry of Energy announced that its fuel storage facilities had finally been moved from Larnaca to Vasilikos.

With the new storage depot at Vasilikos now fully operational, most energy operators have already made the move west.

The President of Cyprus inaugurated the storage and management terminals for petroleum products at Vasilikos, on the outskirts of Limassol at the end of May.

Its strategic location makes it 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 facility currently comprises 28 tanks and capacity of 544,000 mі, and offers access to a deep water marine jetty as well as to road tanker loading facilities.

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