Tanks and Terminals news updates

A new study released by API and conducted by researchers at ICF has examined the environmental benefits of US LNG use in China, Germany, and India.

The US EIA has reported that the drop in petroleum demand led to a rise in crude oil inventories and low refinery utilisation.

BP has signed a gas supply agreement with ENN for 300 000 tpy of pipeline gas regasified from LNG.

Lloyd’s Register research has found that operators can save millions by using technology to identify unnecessary asset maintenance.

McDermott has announced that it has been awarded an EPFC contract for the construction of storage tanks in Canada.

Wärtsilä has announced its newest reliquefaction plant for boil-off gas onboard gas carriers and LNG bunker vessels.

ABB has signed an agreement with Yinson for electrical, control, and telecommunication equipment and services on an FPSO.

NERA has identified priority areas of action for the energy resources sector to assist Australia’s communities and the economy to rebuild from the global pandemic.

Polish Oil and Gas Co. (PGNiG) has received its 100th cargo of LNG.

Odfjell has expanded the capacity at its Antwerp chemical storage terminal with seven new tanks.

AMETEK has announced the release of a new diesel tank level transmitter for oil and gas applications.

Peterson has announced that it has secured a contract extension for Shell support from its Lowestoft base.

Gasum has announced that its new bunkering station for liquefied gas was taken into use in mid-June.

Wood Mackenzie expects Indonesia’s LNG imports to be resilient against the coronavirus-led global economic downturn.

Polskie LNG has announced the selection of the contractor for its LNG terminal expansion project.

The TSA has called for a clear strategy to be developed with the bulk liquid storage sector to set a joint vision for the future.

AUMA has won the largest order in its history to supply a total of 2756 explosion-proof electric actuators for the HES Hartel Tank Terminal in the Port of Rotterdam, the Netherlands.

The US EIA has reported that US LNG exports have declined by more than half so far in 2020.

Adler and Allan delivers leak detection solutions to UK petroleum industry.

Excelerate Energy recently took delivery of its tenth FSRU the Excelerate Sequoia from Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea.

The Tank Storage Association (TSA) has released its ‘2020 Annual Review’ of the UK’s bulk liquid storage sector.

The Port of Cardiff has announced the start of a new contract with Valero, which will help power the economy of Cardiff and the wider region.

GlobalData has reported that North America is expected to contribute 75% of global LNG liquefaction capacity additions by 2024.

The API recently testified before the Senate Committee on Energy and Natural Resources and discussed the challenges facing the US natural gas and oil sector during the COVID-19 pandemic.