Venture Global has secured binding commitments of over US$10 billion for its US$5.8 billion Calcasieu Pass LNG construction financing.
Wood Mackenzie has reported that LNG demand in South and Southeast Asia is to quintuple to 236 million tpy by 2040.
Tank Storage Asia 2019 has revealed that Vopak, Stolthaven Terminals & Sembcorp Solar and Oiltanking Asia Pacific will be among the organisations contributing to its conference programme.
More Terminals news
Companies from all over the world will gather at Tank Storage Asia to showcase the latest innovations and developments that will revolutionise business in the industry.
Neste is to sell its fuel retail business of 75 fuel stations and a terminal in the St Petersburg region to Tatneft.
Vopak has teamed up with I-IoT company TWTG to improve the efficiency and safety of its storage terminals worldwide.
The US EIA reports that there was an increase in petroleum and natural gas consumption in 2018, although coal consumption fell 4.3%.