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The Consortium IPG-HTL-Afriquia was awarded the Concession Agreement for 25 years in November 2006 for the construction and operation of hydrocarbon products storage and bunkering facilities at the Port Tangiers, Morocco. The storage facility will have a capacity of 508,000 cbm with a capital cost of Euro 115 million. The facility is currently under construction and commissioning is expected to start in Quarter 4 of 2009.
Other shareholders are:
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