EBX Holding and BP Products North America sign contract to create company to distribute marine fuel
LLX announces that EBX Holding Ltda and BP Products North America Inc. have signed a contract to create the company MFX (Marine Fuels X), to import, export, sell and distribute marine fuels under the BP Marine brand, the company reports. MFX will be jointly controlled by BP and EBX, with each company holding an interest of 50%. After the final documents have been signed, the new company will start operating in 2013, importing marine fuel and selling it to domestic clients.
BP and EBX elected Açu Superport as the best location to build the Terminal, which will be located in TX2 and which will have the entire infrastructure necessary to distribute marine fuel. This fuel center will meet the requirements of ships of a range of sizes and activities, such as PSVs (Platform Supply Vessels), cabotage and long distance, for fuel like MGO - Marine Gas Oil and IFO -Intermediate Fuel Oil.
“This initiative aims to ensure companies setting up at Açu Superport have an ongoing competitive supply of high quality marine fuel for their operations. The contract will also help Açu Superport to become a Hub Port for marine fuel, recognized in the global market", said Marcus Berto, LLX CEO.
As a result of the fuel supply activities, LLX will rent an area of approximately 350,000 m², located at the entrance of the TX2 channel, and also intends to rent 600,000 m² at TX1, in an area that has been prepared for the construction of an Oil Treatment Facility (OTF).
“This association reinforces BP's commitment to the Brazilian energy sector, and complements our investments in the E&P, lubricant, aviation fuel and biofuel sectors", said Luiz Figueiredo, Regional Director of BP IST in Brazil.
As a result of this joint-venture Açu Superport will become one of the main distribution centers of marine fuel in the South Atlantic. The new company will start operating after it has obtained the required licenses and permits.
About BP Marine
BP Marine is one of the world's leading suppliers of fuels, lubricants and technical services to the global marine industry. BP Marine has a global presence, supplying some of the largest container, tanker and bulker shipping companies. Committed to highest international quality standards and best safety and environment practices, BP Marine can supply several types of fuel to the leading marine distribution centers in the world.
About Açu Superport
Açu Superport is located in São João da Barra, in northern Rio de Janeiro state. The venture has been designed to handle up to 350 million tons of cargo a year, ranking it amongst the world's largest ports and establishing it as the largest multimodal industrial port venture in Latin America . The Superport has an offshore terminal (TX1) and an onshore terminal (TX2) which will jointly offer up to 47 berths and a 17-km pier.
TX1, the offshore terminal with a 3-km pier, approach channel with a depth of 21 meters (to be expanded to 26 meters), breakwater and up to nine berths. The terminal will be able to handle up to 100 million metric tons of iron ore a year and up to 1.2 million barrels of oil a day (bpd), in addition to transfers, storage and blending activities, amongst others. The bridge and iron ore handling piers, with a depth of 21 meters, are now completed.
TX2 will land and ship the goods of a range of industries within the Industrial Complex, including offshore support, flexible industries, pig iron, slag and granite. The channel has a length of nearly 5 km, a width of 300 meters and depth of 12.5 meters, which will rise to 16 meters. The construction of the breakwater will use 42 concrete blocks built by the Kugira, Europe's largest floating dyke, which is in Brazil for the first time (six are ready and the remainder has started to be produced at Açu Superport).
TX2 will also have 2 million m² for the installation of offshore support industries and is set to become the leading support hub for the oil and gas industry and offshore E&P operations, especially because of its proximity to the Campos, Santos and Espírito Santo basins.
An Industrial Complex is being built in the landside yard of Açu Superport occupying 90 km2, which will house offshore industries, oil processing plant, steelworks, metalworking cluster, the largest shipyard in the Americas - being built by OSX, the largest thermoelectric power producing complex in Brazil - with 5,400 MW, of MPX, pelletizing plants and cement plants, amongst others. The Industrial Complex is projected to attract investment to the region of roughly R$ 100 billion.