Exolum is set to construct a new terminal for storing biofuels and other bulk liquid products in the Port of Bilbao, adjacent to its Zierbena facility. The first phase, involving an investment of €20 million, will commence in 2025 and become operational by 2027. This project will expand Exolum’s service portfolio and enhance its storage and treatment capabilities in the area.
The terminal will be built in multiple phases. The initial phase includes the construction of a bund with five tanks, offering a total storage capacity of 29,000 cubic meters. This new infrastructure will feature advanced safety and environmental protection systems.
From the outset, the terminal will have port-connection infrastructures, facilitating vessel entry and departure, and connecting to other terminals, including Exolum facilities in Zierbena and Santurce, and the company’s extensive network in Spain. This will increase the versatility of the services offered, such as the receipt and storage of biofuel and raw materials with varying qualities, temperature maintenance, blending, and dispatch to other terminals or vessel loading.
Subsequent phases will further increase capacity and services, adapting logistics to the specific requirements of different raw materials and enhancing flexibility.
Exolum’s strategy emphasizes developing logistics investments in Spanish ports to support the energy transition, ensuring supply efficiency and safety. The Bilbao terminal will become a crucial hub for biofuel and raw material flows, generating synergies with other Exolum projects in the ports of Gijón and Coruña. Its proximity to key Atlantic hubs like Rotterdam, Antwerp, and The Hague will facilitate trading activities and contribute to the growth of the industrial business associated with biofuels and raw materials, supporting regional refinery and industrial plant activities.
Jorge Guillén, Exolum’s Spain Region Lead, stated, “This represents an important step towards Exolum’s strategy of investing in Spain to develop and operate the logistics infrastructures required by new sustainable fuels, making further progress on energy transition objectives.”
Exolum in the Basque Country
Exolum, Europe’s leading logistics company for liquid products and one of the largest globally, operates in eleven countries: Spain, the United Kingdom, Ireland, Germany, the Netherlands, Portugal, France, the United States, Panama, Ecuador, and Peru. It manages a pipeline network of over 6,000 kilometers, 69 storage terminals, and 47 airport facilities, with a total storage capacity exceeding 11 million cubic meters.
In the Basque Country, Exolum operates three storage terminals located in Santurce, Zierbena, and Rivabellosa, and is present at Bilbao and San Sebastián airports. The company also operates a 152-kilometer pipeline connecting the three terminals with the refinery in Muskiz, the Port of Bilbao, and the rest of its pipeline network.