International standard fuel storage to be set up in Ihavandhippolhu: Saeed

Minister of Economic Development and Trade Mohamed Saeed has announced that an international standard fuel storage facility will be set up in Ihavandhippolhu (Haa Alif Atoll).

Speaking at the ceremony yesterday where State Trading Organization (STO) signed an agreement with Vitol, the world’s largest private energy company to establish an international bunkering project in Ihavandhippolhu, Saeed said that the fuel storage facility is intended to be an extra support to the bunkering project.