Petroleum Storage Depot(Oil tank farm) Facility Business Plan and Feasibility Report

Tanzania Petroleum’s report, titled “Petroleum  Storage(Oil storage tank Farm )  Facility Business Plan and Feasibility Report 2026: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability” provides a complete roadmap for setting up a petroleum storage depot or oil storage tank farm facility. It covers a comprehensive market overview down to micro-level details such as business setup, equipment and machinery requirements, financing structure, manpower needs, business structure and regulatory considerations. The report provides in-depth insights into project economics, covering capital investments, revenue model, operating costs, revenue projections, expected return on investment (ROI), Internal rate of return (IRR), profit and loss analysis, and overall financial viability.

What is Petroleum Storage Depot (Oil Storage tank Farm) Facility?

Petroleum storage refers to the containment and preservation of various types of refined petroleum products such as petrol, diesel, Liquefied petroleum gas(LPG). These storage facilities are integral to the downstream petroleum sub-sector, serving multiple purposes, including storage, distribution, and strategic reserves.

It allows for the stockpiling of petroleum products to meet fluctuating demand, ensuring stable supply even during disruptions. They also serve as distribution point petroleum product transportation, allowing for efficient movement through trucks to consumers at the petrol stations

Petroleum Storage Depot (Oil Storage tank Farm) Facility Business Setup Overview:

A petroleum storage depot facility business setup involves establishing a storage tank farm facility . The setup emphasizes strategic land procurement at industrial areas, building and civil infrastructure such as tank farm administration building, operations wings, service and maintenance wing, fuel dispensing gantry , pump house, fire fighting unit,  generator house, weigh bridges house and security post. It also involves installation of oil tanks that design and fabricated according to API 650 and NFPA 20 specification.

Petroleum Storage Depot(Oil Storage tank Farm)  Facility Market Trends and Growth Drivers.

Growth in demand for petroleum products.

A key trends in the African downstream petroleum market is the growth in demand for various petroleum products such as petrol, diesel, lubricants, Jet A1 and LPG. In Tanzania this demand is primarily drive by increased economic activity in transportation, mining, agriculture and construction sector. In transportation sector a key driver for fuel demand growth is the increasing of number of vehicles and expansion of road networks.

According to the Tanzania Revenue Authority(TRA), the agency responsible for registration vehicles in Tanzania, the total vehicle stock has more than doubled  from 2015 to 2021, and projected to double  by 2030. Also the total road network has doubled in the last two decades.

The following has been covered in petroleum storage depot(Oil tank farm) facility business plan and feasibility report

Detailed Process Flow:

• Product and services
• Service delivery model
• Revenue model
• Target customers
• Regulatory compliance , safety and security requirements

Project Economics

• Projected income
• Expenditure statements
• Project cash flow statements
• Project balance sheet
• Profitability analysis
• Capital investment

• Project Details, Requirements and Costs Involved:
  • Land, Location and Site Development
  • Depot design Layout
  • Service station Layout
  • Machinery and Equipment Requirements and Costs
  • Construction and Civil work costs
  • Fuel truck costs
  • Transportation Requirements and Costs
  • Utility Requirements and Costs
  • Human Resource Requirements and Costs

• Market Analysis:
  • Market Trends
  • Global and local context
  • Demand and consumption
  • Competitive Landscape

Ownership Management and Strategic Plan

• Organizational and management structure
• Staffing plan
• Training requirements
• Operational policies and procedures

Key Questions Answered in This Report:

• How has the LPG bottling market performed so far and how will it perform in the coming years?
• What is the revenue model for a petroleum storage depot(oil storage tank farm) facility?
• What is the projected revenue and operation expenses for a petroleum storage depot(oil storage tank farm) facility?
• What is the organizational structure for the a petroleum storage depot(oil storage tank farm) facility?
• What is the layout of a petroleum storage depot(oil storage tank farm) facility?
• What are the machinery requirements for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the civil and construction work costs requirements for setting up a petroleum storage depot (oil storage tank farm) facility?
• What are the transportation requirements for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the human resource requirements for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the infrastructure costs for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the capital costs for setting a petroleum storage depot(oil storage tank farm) facility?
• What are the operating costs for setting up a petroleum storage depot(oil storage tank farm) facility?
• What should be the pricing strategy  of the final product?
• What will be the income and expenditures for a petroleum storage depot(oil storage tank farm) facility?
• What is the time required to break even?
• What are the profit projections for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the key success and risk factors in the LPG bottling industry?
• What are the key regulatory procedures and requirements for setting up a petroleum storage depot(oil storage tank farm) facility?
• What are the key certifications required for setting up an LPG bottling plant?

Report Customization.

• While we have aimed to create an all-encompassing a petroleum storage depot(oil storage tank farm) project report, we acknowledge that individual stakeholders may have unique demands. Thus, we offer customized report options that cater to your specific requirements. We are available to discuss your business requirements, and we can tailor the report’s scope accordingly. Some of the common customizations that we are frequently requested to make by our clients include:
• The report can be customized based on the location (country/region) of your facility.
• The plant’s capacity can be customized based on your requirements.
• Plant machinery and costs can be customized based on your requirements.
• Any additions to the current scope can also be provided based on your requirements.

Why Buy Tanzania Petroleum Reports?

• The insights provided in our reports enable stakeholders to make informed business decisions by assessing the feasibility of a business venture.
• Our extensive network of consultants, equipment suppliers, machinery suppliers and subject matter experts spans over Africa, Europe, Asia and Middle East.
• We keep a constant track of land costs, construction costs, utility costs, and labour costs across all Sub-Saharan A and update them regularly.
• Our client base consists of over 200 businesses, including small and start-up businesses to international companies who rely on us  as their trusted business partners.