TCU APPROVES CONCESSION OF FOUR MORE FUEL TERMINALS AT PORT OF ITAQUI

The Federal Accounting Court (TCU) gave approval for the concession of four more terminals at the Port of Itaqui, in Maranhão. The IQI03, IQI11, IQI12, and IQI13 terminals are responsible for handling and storing liquid bulk, especially fuel, in addition to other complementary facilities. The forecast is that R$ 480 million will be invested in the four terminals and that the announcement will be published in January. The Port of Itaqui has a vocation for handling solid and liquid bulk. Historically, the two chains that concentrate a large part of the volume are the production of grains – exports of soybeans and corn – and the movement of petroleum products – imports of diesel and gasoline. The forecast is to reach a movement of 17.9 million tons in 2060, following an average growth rate of 1.7% per year. The flows that are expected to show the highest growth rate are those for the import of oil products, with an average rate of 1.9% per year, with greater growth in the short term of 12.1% per year between 2016 and 2020.

Source: Datamar News