
Russia to drive underground gas storage growth in FSU, says GlobalData
The Former Soviet Union is expected to have 13 planned underground gas storage sites by 2022.
Browse the latest storage tanks news and articles.

The Former Soviet Union is expected to have 13 planned underground gas storage sites by 2022.

Affiliate of ArcLight Capital Partners has acquired the East Chayenne facility.

The two fixtures combined are expected to generate US$33.0 million of gross revenues.

Completion of major expansion project makes Shell’s Geismar chemicals manufacturing site the largest producer of alpha olefins in the world.

The company will supply Framo pumping systems to an oil facility in the Middle East and to an FPSO to be built in China.

Sempra Energy’s subsidiary has agreed to sell its non-utlity natural gas storage facilities to an affiliate of ArcLight Capital Partners.

The sale includes both upstream and midstream assets.

Ute Forstner and Wilfried Kleiser, Siemens, Germany, discuss the impact that digitalisation is set to have on the tank storage industry.

The scope of work includes a new process unit, storage tanks, and interconnecting piping.

The FSRU assigned to the project is expected to generate annual EBITDA of between US$29 million and US$31 million.

Transition follows sale of select refinery assets to Par Pacific.

The agreement is for the sale and purchase of enough natural gas to meet about 15% of Poland's daily needs.