(EnergyAsia, August 26 2011, Friday) — Two engineering and procurement companies from India and the UAE have formed a consortium to build a diesel storage terminal near Port Mckay in Australia’s Queensland state.

The consortium of India’s Shriram EPC and UAE’s Chemie-Tech said it plans to complete the 75-million-litre terminal by late next year. It did not disclose the project’s shareholding and financial information.