Vopak holds a 20-year lease with an extension option over the current site from NSW Ports. The capital costs of the proposed modification are around $25 million. The approved Site B facility operates as an integrated bulk liquids storage and supply facility. The existing Site B Terminal is adjacent to the Bulk Liquids Berths (No.1 and No.2 which was completed in 2013) so that petroleum products can be imported and exported from/to sea tankers. The original Application in 2007 assumed that almost 50% of the Terminal throughput would be by pipeline export but this has not been the case in practice. The majority (approximately 70%) has been by Road Tanker export. There is however a trend to increase output through the Jet Fuel and Caltex Transfer Pipeline (CTP) pipeline systems. The original 2007 Application also contained a very low expectation of export to coastal shipping which is now subject to natural growth as well as a further increase anticipated as Sydney is becoming a fuel hub (not only an end-destination) with Australia’s refineries closing.
A major concern is road transport and particularly at the intersection of Beauchamp and Botany, and Perry and Beauchamp as Veolia waste trucks are added to the mix and in Denison as traffic volumes increase with the Bunnings development. The Vopak commissioned Traffic study concludes that the additional Vopak tanker traffic is minor compared to other traffic impacts see Traffic Study from Samsa Consulting. The Quantitative Risk Assessment was undertaken by Sherpa Consulting.
Randwick and Bayside Councils, Huntsman and commercial operators in Denison Street have raised concerns about the cumulative risk in Denison Street with Bayside Council commissioning a Risk Assessment from Arriscar. Previous studies were undertaken for the Bunnings Development, approved 1st April 2015 by a JRPP. Yet the Roads and Maritime Service in their submission raised no concerns. Fire and Rescue NSW have examined onsite risks and recommended a Fire Safety Study but have not assessed the cumulative risk in Denison Street.