GlobalData has reported that the US is set to be a leading LNG exporter by 2025.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Phillips 66 and Trafigura have announced that they have formed a joint venture to develop an offshore deepwater port.
BPGIC has announced that it has recently signed a land lease agreement with UAE’s Fujairah Oil Industrial Zone.
More Tanks & terminals news
A multi-million pound infrastructure upgrade programme has been successfully completed at the Grays terminal in the UK.
Eco-Energy has entered the final stage of construction on its ethanol distribution facility located in Phoenix, Arizona, US.
The EIA has reported that natural gas prices have fallen to their lowest level since 2016 and the lowest February prices in 20 years.