Tanks & terminals

Under separate contracts, Valero is set to build a 16 in. products pipeline and two terminals in Texas, US.

Petrotechnics’ software has been deployed at an LNG terminal in the Gulf of Mexico to improve operations and risk management.

Nikkiso has acquired Cryogenic Industries, including its ACD, Cosmodyne and Cryoquip operations.

G2 LNG has confirmed its intentions to re-file its preliminary application with FERC.

Chart Industries has confirmed the acquisition of VCT Vogel GmbH.

Kansas City Southern and Bulkmatic Transport Co. are set to form a 50/50 joint venture to expand the exportation of liquid fuels from the US to Mexico.

Ursa is developing its global oil storage product region-by-region beginning with China.

As of the end of July, the Adriatic LNG terminal regasified 12% more LNG than the same period of 2016.

Polish Oil and Gas Company has reserved an additional 35% regasification capacity at the President Lech Kaczynski LNG terminal in Swinoujscie, Poland.

Framo will deliver pump systems for GasLog’s potential floating storage regasification unit (FSRU).

Singapore LNG and Pavilion Gas have signed an agreement for LNG storage and reload at the SLNG terminal.

The exhibition at Tank Storage Asia will feature over 80 international and local suppliers showcasing a broad range of the latest products and services.

Pin Oak Terminals opens multi-product liquid marine terminal, following key investment from Mercuria.

Royal Vopak and its joint venture partners will expand the PITSB storage terminal in Johor, Malaysia.

Wood Mackenzie’s Gas and LNG team note that Europe has a fundamental problem of gas storage over-capacity.