Monday, March 9, 2009

Freeport landmarks demolished to prepare for oil tanks

Read storyGRAND BAHAMA: Explosives brought down some of Freeport's best-known landmarks Saturday when three concrete stacks built by the BORCO plant were demolished.

The stacks, which were several hundred feet high, were demolished to make way for the construction of tanks that will store 22 million barrels of oil.

The tanks are part of a $250 - $300 million dollar project by Vopak Terminal Bahamas.

T J Huizer, managing director of Vopak, said the company already has a large impact on global oil flow, pointing out that three quarters of the oil used in Puerto Rico is stored at their terminal in Freeport.

Full Story in The Tribune here

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