The plant, capable of storing 350,000 barrels of fuel, will be inaugurated on May 19.
The plant built with an investment of $115 million, is owned by Alba Petroleum, a company formed by Salvadoran municipalities and the Venezuelan state oil company PDVSA.
Luz Estrella Rodríguez, vice president of Petroleos Alba told the media that within ten days the company will begin marketing liquefied gas, and making its debut in the Salvadoran market.
The company announced the direct import of asphalt for roads.
Imports will start from the city of Maracaibo once a storage facility in Acajutla becomes operational in February 2011, said Luz Estrella Rodríguez, vice president of the company.
Laprensagrafica.com publishes some of the vice president's comments on other business projects, "Beyond petroleum products which we can commercialize, the company is studying entering the pharmaceutical market, importing drugs from Venezuela."
The company announced plans to venture into the liquefied gas market starting January 2011.
Luz Estrella Rodríguez, vice president of Alba Petroleum, made the announcement adding they are currently conducting a market study.
According to Laprensagrafica.com, "…..with regards to construction of a storage facility in Acajutla, Rodriguez said this required an additional investment of approximately $ 10 million, which was covered by their partner, Venezuelan state company PDVSA”.
The finalization of surface works will mean the Acajutla fuel storage depot will be operational at the beginning of 2011.
The company Alba Petróleos is responsible for the project. Vice president, Luz Estrella Rodríguez, indicated that the work completed is the land area carried out by the company Montajes Electromecánicos de Centro América (Monelca).