Preliminary Feasibility Study for Underground Hydrocarbon Storage Facilities

Client: Greek Ministry of Development| Country: Greece| Period: 2003

Scope of work:

The project undertaken by Asprofos entails a study to explore the feasibility of constructing an underground storage facility for oil products, to replace the existing above ground storage facilities in the area of Perama.

In particular the study is to investigate worldwide contemporary trends and techniques, and provide solutions compatible to the specific conditions prevailing in each case. Moreover the guiding principles for the design and construction of the caverns need to be outlined, as well as a preliminary cost estimate for the implementation of each scenario.

    Furthermore the possibility of creating strategic reserves needs to be addressed to ensure the energy recourses supply of the country.

    The study includes the analysis of four case scenarios:

  • Construction of underground facilities in the area of Perama, to replace the existing tanks
  • Construction of underground storage facilities in the area of Perama, with the provision of strategic reserves
  • Construction of underground storage facilities in a different location to store the oil products of the existing tanks
  • Construction of underground storage facilities in a different location with the provision of strategic reserves

    The aforementioned analysis shall maintain two main objectives:

  • Construction methods and main characteristics of the caverns
  • Mechanical equipment needed for the operation of the facility