Europe’s LNG buildout slows amid anticipated decline in gas demand
Europe’s construction of LNG import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand, the IEEFA has reported.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
Register here to receive your free copy of our quarterly supplement dedicated to the storage sector, Tanks & Terminals.
Advertisement
Brazil is expanding its LNG import infrastructure
Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.
Ottco and Royal Vopak sign agreement for SEZAD
Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).
EemsEnergyTerminal partners with EXMAR for terminal extension
EXMAR has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary of Gasunie and Vopak, to extend the operation of the Eemshaven LNG import terminal after 2027, the Netherlands.
UAB-online announces partnership with DPA
UAB-Online has announced a new partnership with Digital Port Agency Ltd (DPA), headquartered in the UAE.
North America’s LNG export capacity could double by 2029
LNG exporters in the US have announced plans to more than double US liquefaction capacity, adding an estimated 13.9 billion ft3/d between 2025 and 2029, according to the EIA.
Burckhardt Compression wins order for new chemicals terminal
Burckhardt Compressions has secured a major equipment order for a new chemicals storage facility in the TA’ZIZ Industrial Chemicals Zone, located in Al Ruwais Industrial City, Abu Dhabi, UAE.
More Tanks & terminals news
FourPoint Resources and Energy Transfer to expand Price River Terminal
FourPoint Resources has announced an agreement with Energy Transfer to expand the Price River Terminal in Wellington, Utah, US, doubling the terminal’s export capacity.
Chart Industries wins Port Arthur LNG Phase 2 Project contract
Chart Industries has been awarded a contract to supply air-cooled heat exchangers, brazed aluminium heat exchangers, and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 development project.
Exolum plans construction of new energy transition terminal
Exolum has embarked upon the process for authorisation for the construction of a new terminal for storage of bulk liquid at the Outer Port of A Coruña, on the Punta Langosteira dock, Spain.
Growth in LNG supply running up against concerns over Chinese demand
Wood Mackenzie has released its assessment of the LNG market, following Gastech 2025 in Milan, Italy.
Exmar awarded Floating LNG contract for Colombia
Exmar has signed contracts with Regasificadora Del Pacífico S.A.S. (RDP) in respect of the deployment of a floating storage unit (FSU) on the west coast of Colombia.
Woodside Energy celebrates Louisiana LNG Project progress
Woodside Energy recently celebrated progress in developing the Louisiana LNG Project at a groundbreaking ceremony.
Quantem opens expanded Pelican Point Terminal
Quantem has officially opened its expanded Pelican Point Terminal in Adelaide, Australia, following a AUS$52 million project to add 90 000 m3 of new diesel storage capacity at the site.
TotalEnergies reaches FID on Rio Grande LNG Train 4
TotalEnergies has reached financial close with its partners on Rio Grande LNG Train 4, with a 10% direct participating interest and 1.5 million tpy LNG offtake.