Duro Felguera sells TANCAR hydrocarbon terminal in Cartagena to Buran Energy

Duro Felguera, through its subsidiary Felguera IHI (a company specializing in storage solutions) signed the sale of Tanques de Cartagena, S.A. TANCAR – to Buran Energy S.A, an expert in the marketing, storage and distribution of hydrocarbons.

This transaction involves the acquisition of the Duro Felguera hydrocarbon terminal in Cartagena by Buran Energy; it has a measured distillate storage capacity of 110,000 m3. TANCAR also has 5 tanks with a capacity of 22,000 m3 and is prepared to unload vessels up to 230 m long and with a draught of 13 m. The terminal can also supply more than 2 million litres of fuel per day by truck.