Tanks & terminals

Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.

From July 2022, Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai, UAE.

Technip Energies Loading Systems will supply a marine loading arm to TotalEnergies as part of the floating storage and regasification unit (FSRU) project in Le Havre, France.

The €2.375 million for Uniper's planned hydrogen pilot project at the Krummhoern natural gas storage site in Germany will be used to research how the gas can be stored and how equipment and materials react to hydrogen.

Shell USA will acquire all of the common units representing limited partner interests in SHLX held by the public. SHLX’s assets include interests in entities that own crude oil and refined products pipelines and terminals, as well as storage tanks.

Siemens Energy is joining the AWS Partner Network to provide customers with industrial cybersecurity, analytics, and storage solutions.

Working natural gas inventories of storage fields operated by the two largest natural gas distributors in California total 100.6 billion ft3. Although this level is 4% higher than levels one year ago, storage operation and capacity utilisation varies significantly by region.

Wood Mackenzie reports that China’s LNG imports are set to fall over 14% year-on-year to 69 million t in 2022, the largest decline since it began LNG imports.

Analysts at Wood Mackenzie believe that storage refill is at risk unless additional demand and supply measures are taken.

Colonial Pipeline Terminals has been recognised by ILTA with the Safety Excellence Award for its dedication to promoting a well-rounded safety culture.

A fire at Freeport LNG‘s natural gas liquefaction plant in South Texas, US, has led to the full shutdown of the facility. The shutdown will reduce total US LNG export capacity by approximately 2 billion ft3/d.

The deal adds Scanjet’s intelligent tank management solutions to Alfa Laval’s tanker offering.

Braskem Idesa has signed an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico – the Puerto Mexico Chemical Terminal.

On 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas, US, that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud, and subsequent fire.

The Steel Tank Institute/Steel Plate Fabricators Association presented McDermott's storage business, CB&I, with safety awards in three categories during its annual meeting in New Orleans, US.