Gasco complete installation of six new storage tanks

Gasco Energy, the sister company of Liquigas Malta, has completed the installation of six large and purposely built liquid petroleum gas storage tanks as part of its €20 million investment in a new LPG facility being built at Bengħajsa.

Gasco Energy's CEO Roberto Capelluto said that after summer 2012, the company's total storage capacity of LPG will increase to more than double its current capacity to further ensure security of supply to its customers. "In fact, the company's total storage capacity will increase from the present 2,300 tons to 4,800 tons," Capelluto said.

The six new tanks were built by leading LPG storage tanks producer Tanko S.p.A. and the tanks form an integral part of the new LPG facility that will be fully certified and will incorporate the latest safety features.

"By significantly increasing its LPG storage facilities, Gasco Energy is securing Malta's present and future gas requirements. Apart from maximizing the efficiency of gas bottling and storage operations through the application of modern technology, we shall be introducing efficient work practices, while ensuring that appropriate quality, environmental and health standards are maintained at all times," Capelluto said.

"We believe that the LPG demand increase due to its advantage of being a cleaner and more efficient fuel. For this purpose, Malta needs to be well prepared for the coming decade."

Capelluto said the Bengħajsa plant was being constructed according to the highest international standards to ensure a consistently reliable, safe and environmentally-friendly supply of LPG in Malta.

Capelluto said that once Gasco's Bengħajsa facility is commissioned, the old Qajjenza plant will be immediately closed down, eliminating any risk the Qajjenza plant currently has due to its present location.