Tank Storage News

/Tank Storage News/

Vopak Focuses on Hydrogen Imports in Rotterdam with German Company

Tank storage company Vopak and German hydrogen company Hydrogenious are starting a joint venture in the storage, transport and supply of hydrogen via hydrogen carrier benzyltoluene Through LOHC Logistix, the companies are committing to building a plant in Rotterdam that can initially decouple 1.5 tonnes of hydrogen per day from this carrier. No final decision [...]

January 19th, 2023|Tank Terminal|

Vopak Launches JV to Transport Hydrogen Using Current Infrastructure

Royal Vopak, an independent tank storage company, and a developmental hydrogen company called Hydrogenious LOHC Technologies are launching a joint venture which they believe can accelerate the adoption of hydrogen through a carrier technology that permits the use of current infrastructure. Hydrogenious’ technology combines hydrogen with an inert carrier that makes it possible to transport [...]

January 10th, 2023|Storage News|

Vopak Seeks State Approval for Australian Gas Import Terminal

Dutch oil storage company Vopak on December 20 said it has submitted an environmental plan to the Australian state of Victoria for an LNG import terminal it aims to complete in 2026 to help fill an expected gas shortfall in the country’s southeastern region. Vopak VOPA.AS, which first flagged plans for a liquefied natural gas [...]

January 2nd, 2023|Storage News|

Russia’s Gazprom Neft Eyes Steady Oil Refining Volumes in 2023

Gazprom Neft (SIBN.MM), the oil arm of Russian gas giant Gazprom (GAZP.MM), plans to keep its oil refining steady next year, at around 41 million tonnes, a company manager said, as the firm goes ahead with a modernisation of its ageing refineries. The stable output at Gazprom Neft, which controls Russia’s largest oil refinery in [...]

December 12th, 2022|Tank Terminal|

Rotterdam Studies Large-Scale Ammonia Cracking for Hydrogen Imports

A group of 18 companies led by the Port of Rotterdam Authority has launched a study into the feasibility of establishing a large-scale ammonia cracker to enable imports of around 1m tonnes of hydrogen annually for the decarbonisation of industry and mobility. A large part of the hydrogen for North-West Europe will be imported, including [...]

December 12th, 2022|Port of Rotterdam|

Tank Storage Firm Vopak Hikes Guidance Amid Energy Transition

Dutch tank storage firm Vopak (VOPA.AS) upgraded on Friday its core profit and operating cash return outlook for the full year while continuing to cash in on a strong momentum in renewable energy and liquefied natural gas (LNG). The fall in Russian oil and gas supplies after Moscow’s invasion of Ukraine has left Western economies [...]

November 25th, 2022|Storage News|

Vopak to Require Origin Proof Ahead of EU Sanctions on Russian Oil – Sources

Global independent tank storage company Vopak is introducing a new contractual clause that requires customers to provide a certificate of origin for oil stored at its terminals, four industry sources told Reuters.   The move comes ahead of European Union sanctions on Russian crude oil and oil product imports that will take effect on Dec. [...]

November 25th, 2022|Storage News|

Vesta Terminals Hands Over MAIA Project

Vesta Terminals’ MAIA project at Vesta Terminals Antwerp (VTA) is changing hands.  Following the launch of the project’s launch in March 2021, Vesta Terminals handed over the project to VTA operations. In total, five multi-purpose tanks of 30,000m³ each were built and connected to the CEPS pipeline. The project aims to connect the terminal to [...]

November 8th, 2022|Tank Terminal|

Vopak Preparing for Green Ammonia Handling and Storage at Vlissingen, The Netherlands

Vopak is preparing for the storage of green ammonia in the Netherlands at its terminal in Vlissingen, with berths, pipeline and infrastructure availability, it said on Tuesday, as it gauges market interest. Two existing 55,000cbm liquefied petroleum gas (LPG) storage tanks can be re-purposed for ammonia, the tank storage company said, and it has space [...]

November 8th, 2022|Tank storage|

Venture Global and EnBW Announce Expansion of LNG Partnership

Today, Venture Global LNG and EnBW announced the expansion of their existing LNG partnership to 2 million tonnes per annum (MTPA). Under the 20-year Sales and Purchase Agreements (SPAs) signed in June 2022, EnBW has increased the quantity of its long-term LNG offtake from Venture Global by an additional 0.5 MTPA from Plaquemines and CP2 [...]

October 17th, 2022|Storage News|
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