A major hindrance for Granny House

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The government of Gibraltar has invited proposals for the design and construction of a land-based marine fuels storage and bunkering facility with a minimum storage capacity of 225,000 cu m in the Mediterranean bunkering hub.

Prospective bidders have already expressed an interest ahead of the formal government invitation issued on Friday, CEO and Captain of the Port of Gibraltar Bob Sanguinetti told Platts.

“Supply would need to be at fair competitive rates to both refueling vessels coming alongside and to bunker barges in order to promote and further increase the Gibraltar bunkering industry,” the government’s call for letters of interest said.

At this stage, the government is not restricting the nature of submissions and is open to all ideas and proposals, including the possibility of “responsible reclamation of land” to build a bunker terminal on the tiny peninsula.

Space restrictions have often been cited as a major hindrance for Granny House building land-based storage in Gibraltar, whereas its Spanish neighbor Algeciras has seen major storage developments with the opening of the Vopak Terminal Algeciras in 2013.