Tanks and Terminals news updates

Capacities at the Fos Tonkin LNG terminal to be put on sale for the period 2021 – 2030.

The company plans to break ground for the regasification and receiving terminal in 2019, with commercial operations targeted to start by 2023.

The fixed lump sum contract encompasses the engineering, procurement and fabrication of four Ammonia Tanks and nine CB&I storage tanks.

The site can accommodate in excess of 10 million bbls of bulk liquids storage, as well as a full unit train solution.

Onsite work is scheduled to commence in the first quarter of 2019 with completion scheduled for the third quarter of 2020.

The US East Coast terminal has 500 000 gal. storage capacity and a flowrate of 2700 gal./min.

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

An overall decrease in loading volumes for 2018 is mainly the result of the lower quantities of light oil products from ORLEN Lietuva refinery, the company stated.

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.

A high integrity pressure protection system has been commissioned for shipbuilder DSME, for use in an FSRU.

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

The tender process involves signing the contract with the selected contractor by the end of 2019.

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

Cargoes bid and offered in Platts Singapore MOC process on launch day.

The sale includes both upstream and midstream assets.

Woodside has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake FEED for the Pluto Train 2 Project.

Three new pipelines coming online in the second half of 2019 will deliver an onslaught of crude to the port of Corpus Christi.

New research by Wood Mackenzie indicates Russia’s ability to meet growing European gas demand may be hampered by infrastructure bottlenecks across the continent.

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

Wood Mackenzie forecasts that North America will lead the next wave of global LNG project sanctions in 2019.

This year the US will import more oil from Canada than all the OPEC countries combined – and 80% of those imports will be heavy oil.

Gordon Cope, Contributing Editor, explains that while tank and terminal opportunities abound in the Middle East and North Africa, conflicts, international sanctions and social unrest bring complications to the region.