The terminal can handle 2.5 lakh kilo litres of liquid cargo per annum, which can help ease supply and availability of petroleum, non-petroleum and petrochemical cargo in the Northern markets.
The first phase of the terminal has a capacity of 1.1 lakh KL and the second phase with a capacity of 1.4 lakh KL, which will be commissioned by mid-March.
"This project stands as a stepping stone for the terminal storage sector, further consolidating our plans for India and also our future investments, further strengthening Gulf Petrochem's position as a leading player in the global oil space," Gulf Petrochem director Manan Goel said in a media statement.