Tanks & terminals

Stena Oil has announced plans to expand its low sulfur marine fuel storage capacity in the Port of Gothenburg as well as boosting its delivery capabilities.

Over US$170 million will be spent by Kinder Morgan to enhance its terminal capabilities in the Houston Ship Channel.

The EIA reports that Australia is on track to become world’s largest LNG exporter.

Mayer Brown has advised CLP Power Hong Kong Limited in connection with the Hong Kong Offshore LNG terminal project, which involves the use FSRU technology for the first time in Hong Kong.

PJ Valves has been awarded three FPSO valve contracts for projects in Brazil, Mexico and Nigeria.

Re-Gen Robotics has committed £1 million to new tank cleaning robot and an ADR certified jet/vac tanker.

The planned expansion of the truck gate at Port Houston’s Barbours Cut Container Terminal is set to begin.

Pin Oak has announced that it has made interconnection agreements to EPIC and Red Oak pipelines, and begun construction on its Taft oil trading terminal.

Altus Midstream Co. has announced the closing of its acquisition of a 33% equity interest in the Enterprise subsidiary that owns the Shin Oak NGL pipeline.

As the peak of the hurricane season approaches, refiners and petrochemical manufacturers in the US are working to ensure that their facilities are secure and prepared to withstand storms.

Enterprise and Chevron have announced agreements supporting the development of an offshore crude oil terminal in the Gulf of Mexico.

The European Commission has found that Croatian plans to construct and operate an LNG terminal at Krk island are in line with EU state aid rules.

NuStar Energy has completed the US$250 million sale of its St. Eustatius oil storage terminal to Prostar Capital.

The EIA has reported that US LNG exports to Europe will increase while demand in Asia drops.

YPF and Excelerate have reached a preliminary agreement to charter a carrier to transport LNG produced at the Tango FLNG unit.