SANTOS TO INVEST IN ALCOHOL

International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish “cargo pipelines” into the US.

This will involve construction of an improved rail access, new holding tanks and a pipeline which would link the company’s terminal with the Alemoa Quay.

Export alcohol is expected to grow from 2m to 10m cu metres by the end of the decade; at present, Santos dominates this market with a 70% share.