Exolum, a leading logistics company for liquid products, has announced plans to construct a new terminal for the storage of biofuels and other bulk liquid products at the Port of Bilbao. The project, set to commence in 2025 with an anticipated investment of 20 million euros, is expected to be fully operational by 2027. This development will not only expand Exolum’s service portfolio and storage capacity in the area but also contribute to the company’s commitment to supporting the energy transition in Spain.
The construction of the new terminal will take place in multiple phases, beginning with the creation of a bund consisting of five tanks with a total storage capacity of 29,000 m3. The facility will be equipped with state-of-the-art safety and environmental protection systems to ensure the utmost security and compliance.
From its initial phase, the terminal will be connected to the port, allowing for efficient vessel entry and departure operations and seamless integration with other terminals, Exolum facilities in Zierbena and Santurce, and the wider Spanish network. The incorporation of these port-connection infrastructures will enhance the company’s operational capabilities, enabling the receipt, storage, and temperature maintenance of various biofuels and raw materials, as well as blending and subsequent vessel loading or dispatch to other terminals.
Subsequent phases of the project will focus on increasing capacity and services to cater to the specific requirements of different types of raw materials, emphasising flexibility and adaptability.
Exolum’s strategy centers around investing in logistics infrastructure at Spanish ports to support the energy transition and ensure efficient and secure supply. The strategic location of the terminal in the Port of Bilbao positions it as a significant hub for biofuel and raw material flows, fostering synergies with other Exolum developments in ports such as Gijón and Coruña. Additionally, its proximity to key Atlantic hubs like Rotterdam, Antwerp, and The Hague facilitates trading activities and contributes to the growth of the industrial business associated with biofuels and raw materials, supporting refinery operations and other industrial plants in the region.
Jorge Guillén, Exolum’s Spain region lead, emphasised that this project is a crucial step in the company’s commitment to investing in Spain and developing the necessary logistics infrastructure for sustainable fuels, further advancing energy transition objectives.
Exolum currently operates in eleven countries and manages three storage terminals in the Basque Country, along with pipeline networks and airport facilities. In the region, the company also operates a pipeline connecting the terminals with the Muskiz refinery, the Port of Bilbao, and the broader pipeline network.
For more information visit www.exolum.com/en/
