Terminals

Infrastructure expansion works at the Okianus Terminals in Colombia – which will guarantee the self-sufficiency of the national LPG market – have been inaugurated.

Under the agreement, the companies will cooperate in the procurement of imported natural gas resources; construction and utilisation of urban gas storage tanks; and supply of natural gas to downstream companies.

The company has begun a reappraisal of plans for commercial development of the proposed Plaquemines Liquids Terminal in southeast Louisiana, US.

Pavilion Energy, QatarEnergy, and Chevron have announced the launch of a greenhouse gas reporting methodology for delivered LNG cargoes.

The International Group of Liquefied Natural Gas Importers has released a framework for transparent emissions reporting and neutrality declarations.

VTTI has announced its acquisition of IPTF – an energy storage terminal situated in the heart of Fujairah, UAE.

The Engineering Equipment and Materials Users Association (EEMUA) has welcomed LBC Tank Terminals Group BV into its membership.

Phillips 66 has announced plans to convert its Alliance Refinery into a terminal facility following damage from Hurricane Ida.

Implico Group has welcomed Dr Volker Braun as CTO and Managing Director.

European gas storage has been struggling to fill this summer, with Wood Mackenzie predicting storage at the beginning of November to be about 75% full, 14 billion m³ below the five-year average.

Vopak has announced that it is investigating the strategic options for its terminals in Australia.

The new terminal has been designed and built by Vopak to serve Gulf Coast Growth Ventures, a joint venture to build and operate a world-scale plastics manufacturing facility in San Patricio County, Texas, US.

The Wei 11 gas storage facility built by China Petroleum & Chemical Corp. in its Zhongyuan Oilfield region has successfully completed its first gas injection.

Horisont Energi and Koole Terminals will collaborate on the development of a terminal and storage facility at the Port of Rotterdam.

According to a recent press note from Wood Mackenzie, the high prices and volatility currently being seen in the European gas market go beyond current market tightness.