Storage tanks

Odfjell has reported strong results for 1Q23.

During this past winter heating season, the amount of natural gas withdrawn from underground storage in the US South Central storage region was among the least on record, according to the EIA.

Enbridge has announced that it has entered into a definitive agreement with FortisBC Holdings Inc. to acquire its interest in FortisBC Midstream Inc., which holds 100% interest in the Aitken Creek North Gas Storage facility.

Vopak and AltaGas have formed a new joint venture for a large-scale LPG and bulk liquids export terminal in Prince Rupert, Canada.

Venture Global LNG has announced the successful raising of the roof of the second LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana, US.

Saneg, Uzbekistan’s largest private oil and gas company, has commissioned a new petroleum tank farm to provide gasoline and diesel fuel to Tashkent and the surrounding region.

Cumulative net withdrawals of natural gas from underground storage in the South Central US storage region have set a record low this winter heating season.

The implementation of HyPSTER, a green hydrogen storage demonstrator in a salt cavern located in Etrez, France, is progressing.

The company's new website and logo have been released.

A new DNV study highlights the significant advantages of an offshore hydrogen backbone in the North and Baltic Seas.

An industrial scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV.

RWE Gas Storage West has submitted planning approval documents to Arnsberg District Government for the construction of a hydrogen storage facility in Epe, Germany.

Freeport LNG has received regulatory approval to commence commercial operations at the company's natural gas liquefaction and export facility in Texas, US.

Vopak and Hydrogenious LOHC Technologies will incorporate a shared joint venture, LOHC Logistix, for hydrogen storage, transport and supply, based on Hydrogenious’ LOHC technology.

Reduction in gas demand and increased LNG imports supports a positive outlook for 2023, reports Wood Mackenzie.