# INERCO wins EPC contract for Bío Bío Refinery storage expansion

INERCO signed an agreement with Vial y Vives to jointly execute a project to increase storage capacity at the Bío Bío Refinery operated by ENAP in Chile. The turnkey project involves building two new 50,000 m3 crude tanks and associated facilities, valued at approximately $44 million.

- Type: Contract
- Announced: 2021-03-02
- Where: Hualpén, Concepción, Chile
- Value: $44.0M
- Status: announced
- Capacity: 100,000 m3 (two 50,000 m3 tanks)
- Products: crude oil storage tanks
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [INERCO](https://endata.com/companies/53578.md)
- [ENAP](https://endata.com/companies/17829.md) (customer)
- [Vial y Vives](https://endata.com/companies/53579.md) (partner)

## Sources

- [inercomunicacion.com](https://inercomunicacion.com/en/inerco-will-execute-the-important-epc-project-to-increase-the-storage-capacity-of-the-bio-bio-refinery-operated-by-enap-in-chile/), 2021-03-02: "This important project – in the ‘Turnkey’ (EPC) modality – involves the construction and commissioning of two new 50,000 m3 crude tanks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.