Tanks & terminals - 25 October 2016

The global oil storage market capacity will reach over 2.16 billion m3, according to Grand View Research.

Buckeye Partners, L.P. has announced it will acquire a 50% interest in VTTI B.V.’s global marine terminal business.

According to Frank Schreurs, developments in investor markets will be good for terminals.

KBR, Inc. has announced that the company will proceed with front end engineering design (FEED) for the Woodfibre LNG project.