50 Million Liter Strategic Fuel Infrastructure Project Project Overview
The Saldanha Bay Diesel Storage Terminal is a proposed 50 million liter (50,000 m³) bulk diesel storage facility to be developed within Saldanha Bay Harbour, South Africa. The project is designed as a phased, bankable port-based energy infrastructure asset, combining bulk storage, road distribution, and a future pipeline connection.
Location & Concession
The terminal will be developed on land leased within Saldanha Bay Harbour under a long-term concession framework with the port authority. This structure minimizes land acquisition risk and aligns with established South African port concession models familiar to international lenders.
Storage & Configuration
• Total Capacity: 50 million liters (≈ 50,000 m³)
• Multiple above-ground vertical steel tanks (API 650 compliant)
• Bunded tank farm with full fire-fighting and environmental protection systems
• Designed for expansion and product flexibility
Operator & Commercial Model
The terminal will be operated by Gasela Oil Pty Ltd, an established South African diesel distributor with an existing fleet of eight fuel tanker trucks. Gasela Oil will act as anchor operator and initial offtaker, enabling immediate throughput and early cash flow from commissioning.
Phased Development
Phase 1: Full storage capacity with truck loading facilities and immediate road-based distribution.
Phase 2: Dedicated pipeline connection to port jetty and/or main fuel line, enabling bulk imports, exports, and bunkering operations.
Capital Structure (Indicative)
• Total CAPEX (phased): USD ~ 50 million
• Financing mix: open for discussion
Investment Rationale
• Strategic deep-water Atlantic port location
• Structurally strong diesel demand across Southern Africa
• Existing operator reduces ramp-up and operational risk
• Scalable infrastructure-grade asset suitable for long-term investors
The Saldanha Bay Diesel Storage Terminal is a proposed 50 million liter (50,000 m³) bulk diesel storage facility to be developed within Saldanha Bay Harbour, South Africa. The project is designed as a phased, bankable port-based energy infrastructure asset, combining bulk storage, road distribution, and a future pipeline connection.
Location & Concession
The terminal will be developed on land leased within Saldanha Bay Harbour under a long-term concession framework with the port authority. This structure minimizes land acquisition risk and aligns with established South African port concession models familiar to international lenders.
Storage & Configuration
• Total Capacity: 50 million liters (≈ 50,000 m³)
• Multiple above-ground vertical steel tanks (API 650 compliant)
• Bunded tank farm with full fire-fighting and environmental protection systems
• Designed for expansion and product flexibility
Operator & Commercial Model
The terminal will be operated by Gasela Oil Pty Ltd, an established South African diesel distributor with an existing fleet of eight fuel tanker trucks. Gasela Oil will act as anchor operator and initial offtaker, enabling immediate throughput and early cash flow from commissioning.
Phased Development
Phase 1: Full storage capacity with truck loading facilities and immediate road-based distribution.
Phase 2: Dedicated pipeline connection to port jetty and/or main fuel line, enabling bulk imports, exports, and bunkering operations.
Capital Structure (Indicative)
• Total CAPEX (phased): USD ~ 50 million
• Financing mix: open for discussion
Investment Rationale
• Strategic deep-water Atlantic port location
• Structurally strong diesel demand across Southern Africa
• Existing operator reduces ramp-up and operational risk
• Scalable infrastructure-grade asset suitable for long-term investors