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New fuel storage farm opens in Mandalay

A tank facility capable of storing nine million litres of fuel has been officially opened in Mandalay Region.

The tank farm, part of a port project where fuel is loaded and unloaded, was officially opened on Sunday. It is located at the confluence of the Ayeyarwady and Duhtawady rivers in Amarapura township, Mandalay Region.

“Fifty-one local companies in the energy sector collaborated to establish the Myanmar Energy Sector Development Plc (MESDP), which made the tank project a reality,” said Deputy Minister of Electricity and Energy U Tun Naing during the ceremony to launch the facility.

“Previously, private companies in the fuel distribution business were allowed to use five government-owned tank facilities in Mandalay, but this has been discontinued, hence, the need for a tank facility run by the private sector,” U Tun Naing said.

The facility located on a 40-hectare site features 32 storage tanks each measuring 35 metres high with a circumference of 32m.

Work on the project initially started in 2015, but was halted in August 2016 to conduct better studies of the impact the project would have on the people and the environment near the site. The government and experts carried out further environmental and social impact studies during the halt

“The additional studies showed that corporate social responsibility efforts should also be a focus of the project. As a result, companies involved in the project have agreed contribute K2 for every 4.5 litres of fuel handled by the facility. The facility now also incorporates improved technology to deal with issues that may impact the environment, such as leaks,” said MESDP Chair U Win Myint.

“Before the completion of the facility, loading and unloading of fuel to supply upper Myanmar was done along the riverbanks from vessels moored at a jetty in Mandalay. This led to the possibility of accidents such as leaks, fires and explosions being high. The new facility reduces all the risks greatly,” said Mandalay Chief Minister U Zaw Myint Maung.

“Over 100 fuel trucks used to work along the old jetty and it was very dangerous. In the event of fire, it would be very difficult to extinguish. When the proposal for the tank farm was submitted to us, we found it to be beneficial. Strategically located at the junction of two rivers, the facility’s systematic construction and its modern handling and distribution technologies are much needed developments in Mandalay,” U Zaw Myint Maung said.

The faclity will also contribute to lowering fuel prices in the country due to improved efficiencly, he added. The participation of the private sector in the fuel and energy sector is now being actively promoted, said U Tun Naing.

Source: Myanmar Times

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