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U.S. LNG Terminals Seen Running at Full Capacity Through Summer to Meet Global Demand

It’s shaping up to be a drastically different summer for U.S. liquefied natural gas (LNG) exporters as the global market has unexpectedly tightened and demand has spiked in a reversal of fortunes from last year when trade slumped to historic lows.   “Things changed a lot,” said Rystad Energy’s Carlos Torres Diaz, head of gas [...]

May 3rd, 2021|Fuel Storage, Storage News, Tank storage, Tank Terminal, US Terminals|

NuStar to Expand Pipeline to Albuquerque, Allowing Thousands more Barrels per Day to Roll Through

NuStar Energy LP is expanding its pipeline capacity so it can deliver an estimated increase of 6,000 barrels per day of refined product from Amarillo, Texas, to Albuquerque, according to a recent news release. The company plans to partner with Phillips 66 Co. (NYSE: PSX), which jointly owns the pipeline with NuStar, on the project. [...]

April 20th, 2021|Storage News, Tank Terminal|

ATS Terminals Eyes 100,000 cu m Tank Storage Capacity by 2022

Sharjah-based ATS Terminals has announced plans to increase its tank storage capacity from 42,000 cu m to 72,000 cu m at a total investment of AED55 million ($15 million).   Based at Hamriyah Free Zone in Sharjah, the Indian company offers services like storage and transport of liquid chemicals and fuel. Its state-of-the-art terminal is [...]

April 15th, 2021|Storage News, Tank Terminal|

Russia Builds up Its Export Potential in Baltic Basin

Russian natural gas giant Gazprom signed a preliminary agreement with global engineering company Linde to deliver engineering and procurement services for the Ust-Luga gas processing plant on the Baltic Sea.   Gazprom CEO Miller signed the agreement on behalf of RusKhimAlyans, a special-purpose company established on a parity basis by Gazprom and RusGazDobycha and chaired [...]

April 15th, 2021|Tank Terminal|

India Petronet to expand Dahej LNG terminal’s Capacity to 22.5 MTPA

Indian companies are investing billions of dollars to build infrastructure, including pipelines and a new LNG import terminal. NEW DELHI: Petronet LNG, India’s top liquefied natural gas (LNG) importer, plans a 29% increase in its Dahej terminal’s capacity to 22.5 million tonnes per annum (mtpa) to meet rising demand, its chief executive said on Friday. [...]

March 16th, 2021|Tank Terminal|

Fujairah Urged Caution On Refinery Expansions

February 27, 2021 [Argus] – The Middle East’s main oil and products storage hub of Fujairah, UAE, should be wary of adding too much refining capacity and focus instead on renewable energy projects, participants at the Fujairah IP Week workshop said.   Refining activity in Fujairah is mostly focused on very low-sulphur fuel oil (VLSFO) [...]

March 2nd, 2021|Tank Terminal|

Jask Oil Terminal’s Offshore Development to Begin Soon

January 18, 2021 [Tehran Times] – The offshore development of Jask oil terminal will be started in a couple of days, the deputy managing director of National Iranian Oil Company (NIOC) for engineering and development affairs told IRNA on Friday. Referring to the construction process of the Goreh-Jask pipeline and the Jask export terminal, Reza [...]

February 6th, 2021|Tank Terminal|

Jask Oil Terminal’s Offshore Development to Begin Soon

January 18, 2021 [Tehran Times] – The offshore development of Jask oil terminal will be started in a couple of days, the deputy managing director of National Iranian Oil Company (NIOC) for engineering and development affairs told IRNA on Friday. Referring to the construction process of the Goreh-Jask pipeline and the Jask export terminal, Reza [...]

January 27th, 2021|Tank Terminal|

Fluxys, Novatek to Build German LNG Terminal by 2022

Belgian gas grid operator Fluxys and Russian producer Novatek on Wendesday set up a joint venture to build a LNG terminal in the northern German port city of Rostock by 2022. The LNG storage terminal will have an import capacity of 300,000m tonnes annually, according to Laurent Remi, spokesman for Fluxys. However, the project does [...]

October 24th, 2018|Tank Terminal|

Huelva LNG Terminal to Get Small-Scale Loading Capability

Enagás has awarded a contract to Spanish engineering company Ayesa to redesign the jetty at its Huelva LNG terminal. The revamped mooring set-up will enable the loading of small-scale gas carriers, including LNG bunker vessels (LNGBVs), and the direct loading of bunker tanks on LNG-powered vessels. This will be the third such project undertaken by [...]

September 14th, 2018|Fuel Storage, Tank Terminal|
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