Acu Petroleo Approaches Investment for Major Terminal Projects in Brazil, an Industrial Info Market Brief

Acu Petroleo, a joint venture between Prumo Logistica and Oiltanking, is planning a $280 million investment package for a grassroot crude oil terminal in Sao Joao da Barra, Rio de Janeiro, Brazil. The Acu Port Crude Oil Terminal is designed to store as much as 4,000,000 barrels and will be constructed in two phases. A 400,000 barrel-per-day (BBL/d) crude oil treatment plant is also planned, with a future expansion to reach 1,200,000 BBL/d.