Tanks and Terminals news updates

Sentinel Midstream and Freepoint Commodities have reached an agreement on deep water crude oil export facility.

The LNG industry achieved record levels of new investment, project starts and a new global exports leader among its milestones in 2019, reports IHS Markit Data.

StocExpo 2020 has confirmed multiple future-defining exhibitors to showcase their latest innovations and developments.

PETRONAS has signed a deal with Shenergy Group to supply LNG to a receiving terminal in China.

Magellan Midstream to sell three marine terminals

McDermott and its partners have announced the start of commercial operation of Train 2 at the Freeport LNG project.

Implico and Brainum to outline the future of downstream at the annual European Oil Storage conference in Amsterdam.

Elengy has recently announced that the Fos Tonkin terminal will continue operating the site after 2020.

TSA has released a new report on the role of the bulk liquid storage sector in the energy transition.

Sentry Equipment Corp. outlines how to correctly sample steam and water in hydrocarbon processing plants.

Matrix Service has been selected as the EPC contractor by Eagle LNG to build the Jacksonville LNG Export Facility, with Chart Industries’ technology also to be utilised.

HydroChemPSC’s services to be broadened after the acquisition of TriStar Tank Services.

Wood Mackenzie expects 2020 to be a pivotal year for European gas as storage and pricing issues increase.

Edgewater Midstream has announced a US$400 million equity commitment from EnCap Flatrock Midstream.

Pavilion Energy Pte Ltd has announced the acquisition of Iberdrola’s portfolio of LNG and gas assets, as well as the launch of its Europe operations.

Sempra Energy has announced that it will open a new Center of Excellence in Houston, Texas later this year.

Enterprise and Navigator have announced that the first cargo of ethylene has been shipped from their joint venture marine terminal in Texas.

Part of its transshipment agreement, Yamal LNG has begun using a dedicated LNG transshipment tank at the Zeebrugge LNG Terminal.

EnergyQuest has announced that Australia has formally claimed the title of world’s largest LNG exporter.

Sempra LNG and Aramco Services Company have signed an Interim Project Participation Agreement for the Port Arthur LNG project.

Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020, according to Ed Cox, Editor, Global LNG at ICIS.

Eni and its partners in Nigeria LNG have reached an FID for the plant expansion project, aimed at raising capacity to over 30 million tpy.

Train 2 and Train 3 at the Cameron LNG facility are expected to start commercial operations in 1Q20 and 3Q20, respectively.

Vopak has completed the divestment of its 49% equity share in the joint venture Vopak SDIC Yangpu Terminal.