Tank Storage News

/Tank 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|

KGAL Fund Acquires Vopak’s Rotterdam HQ Building

KGAL Investment Management has acquired a 9,200sqm office property in the Netherlands on behalf of a pan-European fund. The €16.5bn asset manager said it has bought the Westerlaan 10 property in Rotterdam which serves the headquarters of Dutch tank-storage company Vopak until 2035. Financial details were undisclosed. André Zücker, managing director and head of real estate [...]

September 8th, 2022|Rotterdam storage|

Koole Terminals Acquires Alkion Terminals

Alkion is a leading bulk liquid storage operator and consolidation platform in Western Europe focusing on chemicals and biofuels. It operates nine terminals in five major European economies: France, Portugal, Spain, Italy and the Netherlands. Alkion is currently managing 1.2 million cubic meters of capacity with significant additional organic growth planned in biofuel and chemical [...]

August 1st, 2022|Rotterdam storage|

Gate Terminal to Boost LNG Capabilities

Dutch Gate terminal, a joint venture of Vopak and Gasunie, has taken initiatives to strengthen its position in the security of the LNG supply of Northwest Europe. Gate terminal to boost LNG capabilities   Operational since 2011, Gate terminal’s initial capacity amount to 12 billion cubic meters per year (bcma) and can in the future [...]

July 14th, 2022|Tank storage|

LNG Terminal in Wilhelmshaven: Construction of the Pipeline May Start Early

The State Office for Mining, Energy and Geology (LBEG) in Lower Saxony has approved the early start of construction of a 26-kilometer underground pipeline between the future LNG terminal in Wilhelmshaven and the connection to the national natural gas network in Etzel (municipality of Friedeburg).   The aim is to meet the ambitious schedule of [...]

July 5th, 2022|Fuel Storage, Tank Terminal|

Europe’s Gas Storage Tanks Already Half Full, But Will It Be Enough?

Gazprom cuts supplies of gas as Europe races to fill its storage tanks.   These crossed the halfway mark on June 7 and are now 51.12% full, as the EU seeks to replenish its supplies ahead of the coming winter. That race became even more poignant after Russia’s state-owned gas behemoth Gazprom cut supplies to [...]

June 28th, 2022|Storage News|

Rubis Terminal Infra Releases Its First Sustainability Report for FY 2021

· Rubis Terminal Infra (from now on, Rubis Terminal) communicated its ambitious goals to positively impact the planet and society, through a strategy that aims to reduce the impact generated by fossil fuels. · Rubis Terminal is committed to a decarbonization strategy with measurable targets for 2025 and 2030. · The sustainability report describes Rubis [...]

June 28th, 2022|Rotterdam storage, Tank Terminal|

Poland to Increase Capacity of Planned Offshore Gas Terminal

The capacity of a planned off-shore gas storage facility will be doubled owing to growing interest in gas imports from neighbouring countries, the climate minister has announced. Anna Moskwa told an international congress in the eastern city of Lublin that capacity at the Floating Storage and Regasification Unit (FSRU), which will be located in the [...]

June 15th, 2022|Tank storage, Tank Terminal|
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