Welcome to
Storage Terminals Magazine
Storage Terminals Magazine has been providing first-class coverage of the global bulk liquids terminal industry for 17 years. Since the magazine’s launch we have consistently provided timely, well-written and valuable editorial to our global readership of tank terminal executives.
As the industry looks to 2025, Storage Terminals Magazine will be there to support your decision making by informing you of critical developments in areas such as oil and petrochemical price movements, regulatory updates, regional growth markets, and the cutting edge technologies that terminals must consider when investing in new infrastructure.
Welcome to Storage Terminals Magazine
Storage Terminals Magazine has been providing first-class coverage of the global bulk liquids terminal industry for 16 years. Since the magazine’s launch we have consistently provided timely, well-written and valuable editorial to our global readership of tank terminal executives.
As the industry looks to 2024, Storage Terminals Magazine will be there to support your decision making by informing you of critical developments in areas such as oil and petrochemical price movements, regulatory updates, regional growth markets, and the cutting edge technologies that terminals must consider when investing in new infrastructure.
To see how we can benefit your business, please use the links provided
TOP STORIES OF THE WEEK
HES Botlek Tank Terminal to allocate 65% capacity to biofuels by 2026, surpassing strategic targets
HES Botlek Tank Terminal has secured a new long-term agreement with one of its key customers, resulting in 65 percent of its storage capacity being dedicated to biofuels as of 1 January 2026. The achievement surpasses HBTT’s strategic target of 60 percent biofuels by 2028, more than two years ahead
Mitsui OSK Lines and LNG Terminal Wilhelmshaven to build and charter an LNG terminal ship
Japanese marine transport company Mitsui OSK Lines (MOL) and LNG Terminal Wilhelmshaven (LTW), a subsidiary of Düsseldorf-based energy firm Uniper, have signed a contract to build and charter an LNG terminal ship. Uniper described the signing of the contract as an ‘important milestone’ in the development of the site. The
Iraqi extension for Petrofac announced
Petrofac has won a six-month contract extension for its work in Iraq with Basra Oil Co. (BOC). The services company did not disclose the contract value for the Iraq Crude Oil Export Expansion Project (ICOEEP), which went to its Engineering & Production Services (EPS) division. The ICOEEP facility handles around
Condensate offered by Libya’s NOC, to ready tanks for crude
Tanks at Zawia are being emptied to prepare for potential output resumptions at the 130,000 b/d-capacity El Feel and the 300,000 b/d-capacity El Sharara fields. Libya’s state-owned NOC is selling Wafa condensate from storage at the Zawia export terminal “to free up space ahead of a possible production restart at
Benchmark crude loadings to slow in North Sea
Loadings of the North Sea’s benchmark crude grades will drop by 3 percent in July, but that will still put them above the 2019 average. Increased loadings of Brent, Forties and Troll will offset a slowdown in loadings of Oseberg and Ekofisk. Combined loadings of Brent, Forties, Oseberg, Ekofisk and
Australian LNG project requires over 270 Rotork process control actuators
More than 270 Rotork process control actuators have been ordered for an LNG project in Australia. The quarter-turn CVQ electric actuators will operate ball and v-ball valves on separator skids to control the water extraction process at an onshore natural gas production site in the Surat Basin. The ball valves,
PREVIOUS STORIES OF THE WEEK
Marathon Petroleum wins two environmental protection awards
Marathon Petroleum Company took two of the top honours at the Benkert Awards. The US Coast Guard presented the environmental protection awards at a virtual ceremony. Each year the Coast Guard receives roughly 10 award applications, each of which is reviewed and scored by a committee. Marathon’s Storage and Logistics
Petroecuador launches tender process for new storage tank at La Libertad refinery
Petroecuador, which is Ecuador’s state-owned oil company, is to build and start-up a new storage tank at its 45,000 bbl/d La Libertad refinery – it has already launched a tender process. Tank no.4 will have the capacity to store 50,000 bbl diesel. The new storage tank will help to address
Small-scale LNG terminal enters next stage for LOTOS
LOTOS Group has announced that the feasibility study for its small-scale LNG terminal in Gdansk has been completed. If LOTOS decides to go ahead with the project, the terminal will be the first of its kind in Poland. Pawel Jan Majewski, President of the Management Board of Grupa LOTOS, said:
INE approves tank farm expansion in Dalian, north east China
The expansion of a tank farm in Dalian in north eastern China has been approved by The Shanghai International Energy Exchange (INE), which is an international exchange trading in crude oil, natural gas and petrochemical derivatives. INE said the move is to increase the capacity for crude oil futures and
Gastech postponed to September 13-16, 2021
dmg events and the Gastech Governing body, in consultation with Enterprise Singapore and the Singapore Tourism Board, have collectively taken the decision to postpone Gastech. Singapore will host next edition of the Gastech exhibition, which will now take place September 13-16, 2021. Gastech is the world’s largest integrated exhibition and
Largest refined products pipeline in the US begins storm and hurricane season preparations
Colonial Pipeline is implementing its seasonal preparedness plans as part of its “commitment to excellence”. As the nation’s largest refined products pipeline, Colonial Pipeline takes proactive measures to ensure the continued safe and reliable operation of its 5,500 mile system. This includes seasonal preparations Colonial implements on an annual basis,
INDUSTRY EVENTS
StocExpo 2026 to focus on tank storage and energy infrastructure
Name: StocExpo Dates: 10 & 11 March 2026 Location: Rotterdam Ahoy, Netherlands Description: StocExpo is the perfect meeting place for you to engage with top companies showcasing their advancements in tank storage, bulk liquid, and energy infrastructure, helping you stay at the forefront of the dynamic and rapidly evolving
EGYPES 2026
Under the patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, EGYPES will take place on 30 March-1 April 2026, exploring how Egypt, at the heart of Africa and the Mediterranean, is driving responsible energy transformation. Held under the theme ‘Transforming energy through collaboration,
AI in Oil & Gas Conference
In a world where data is your most valuable asset, how do you turn mountains of information into decisive, real-time action while also meeting ever-tightening emissions targets? Join us in Houston for the 2026 AI in Oil & Gas Conference where you’ll connect with 500+ senior executives, technical innovators, and
VIDEOS
CB&I
McDermott’s CB&I Storage Solutions completes second air raise for Venture Global’s Calcasieu Pass LNG export facility in Cameron Parish, Louisiana. For more information visit www.mcdermott.com
Tarsco, a TF Warren Group Company
Tarsco has served industrial clients for over 35 years providing EPC turnkey solutions for above ground storage tanks and terminals. Tarsco specialises in engineering, construction, repair, maintenance services and are experts in API standards including 650, 620, and 653 as well as NFPA, AWWA, ASME Section VIII, and National Board
DISCUS
Trust your inner roof. DISCUS Engineered Products builds the safest, strongest, lowest emissions aluminum internal floating roof on the market, providing the petrochemical industry with the best long-term value. The DISCUS OpenRaft™ is a completely open panel design. Nothing hidden—with DISCUS you can trust your inner roof because you
HMT
The HMT DeckMaster GRP floating roof is the best available technology for corrosion resistance, longevity and total cost of ownership over the life of your tank. HMT was founded in 1978 with the objective of providing better technology to the aboveground storage tank market. HMT’s founders created products which
Kelley Construction Inc.
Kelley Construction performed the Site Civil Works and Tank Foundation for the Terminal upgrade in Borger, TX. For more information visit www.kelleyconstruction.com
FOAMGLAS® Insulation Solutions for Hot Storage Tanks
FOAMGLAS® insulation solutions for tanks operating at above-ambient temperatures help ensure that your storage tanks are operating as efficient, cost-effective and sustainable as possible. Our tank base, wall and roof systems limit heat transfer leading to immediate energy savings and emissions reductions which helps keeping overall operating costs at a
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