Stay up to date with the latest news and updates from the tanks and terminals industry.
With oil storage in high demand, oil company owners and tank inspectors are rapidly maximising tank assets, increasing the need for tank measurement and inspection using the most advanced technologies.
The US EIA has reported that it expects record liquid fuels inventory builds in early 2020, followed by draws.
First liquid has been announced from Train 3 of the Cameron LNG project in Louisiana, US.
PitPoint.LNG’s renovated LNG station now has four times more LNG storage capacity in order to meet the increasing demand for LNG.
Wärtsilä has announced that it has completed delivery of three regasification modules for China’s first new built LNG FSRU.
PGNiG has started work on projects looking to use hydrogen for power generation and automotive applications.
TMC Compressors of the Seas (TMC) has won a contract from Shanghai Waigaoqiao Shipbuilding Co. Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO.
Odfjell has announced the sale of its ownership share of a terminal in Dalian, China.
CEDIGAZ notes that global gas demand growth slowed last year, resulting in a growing LNG surplus and much lower prices.
Petrofac has secured UK renewals totalling US$100 million for an offshore vessel, development project, and terminal.
Sinopec has announced that it has put China’s largest petrochemical port into operation.
The EIA has reported that India’s LNG imports will rely upon the completion of connecting pipelines in order to grow.