Red Star Tank Farm
Red Star has invested heavily in its petroleum products storage facility, which houses a state-of-the-art tank farms located at Apapa (Lease) with its capacity at 30,000MT with multiple loading gantries and a multi-truck capacity trailer park. We also have an expansion plan which will increase the storage capacity of the tank farm in a few years.
At the tank terminals, Red Star stores and handles different products including crude oil, petroleum products, bio-fuels, chemicals and gases. Red Star is not the sole owner of the goods stored, but merely provides its services in the field of tank storage logistics. Our clients include private and state oil companies, petrochemical companies, and traders in petroleum products and chemicals.
To further improve our profitability we continue to employ a strategy of controlled growth of our tank farms through upgrading of existing facilities, acquisitions, and new buildings.