Société Togolaise d’Entreposage inaugurates two new fuel reservoirs

Oil and gas

Friday, 30 November 2018 15:52

Société Togolaise d’Entreposage inaugurates two new fuel reservoirs

(Togo First) - Yesterday, Nov 29, the minister of trade and private sector promotion, Bernadette Legzim-Balouki, inaugurated two new reservoirs of Société Togolaise d’Entreposage (Togo’s Storage Society).

The reservoirs (tank n°5 and tank n°1) which cost two billion CFA, and meet international safety and environmental standards, have a total capacity of 4,400 m3. “They will be used to store super unleaded, the most difficult oil product to handle in a warehouse,” according to STE’s president, Hervé Longé. “With these two tanks, STE takes a great step regarding the improvement of its services. Installing those falls under a 10-renovation plan,” he added.

The equipment will help Togo avoid shortage of oil products. In this regard, the minister believes that through the investment, STE aligns with the government’s goal to make businesses more competitive and boost employment.

Séna Akoda

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