PEC Secures Dutch Terminal Deal

10 March 2010 (Last Updated March 10th, 2010 18:30)

PEC said its joint venture Verwater-Audex has won a $160.5m deal to build a 465,000m³ terminal in Rotterdam, the Netherlands. Verwater-Audex will provide engineering, procurement and construction services to build the terminal for Euro Tank Terminal (ETT). The project i

PEC said its joint venture Verwater-Audex has won a $160.5m deal to build a 465,000m³ terminal in Rotterdam, the Netherlands.

Verwater-Audex will provide engineering, procurement and construction services to build the terminal for Euro Tank Terminal (ETT).

The project is expected to be complete by 2012.

ETT is wholly owned by Vitol Group’s Vitol Tank Terminal International, which owns and operates terminals and pipelines around the world.