Oil Storage News

Libya's Two Largest Export Terminals Closed Again
Libya >> 8/12/2013 - Striking security guards again halted loadings at Libya's two largest crude oil export terminals, Es Sider and Ras Lanuf, after operations had resumed briefly following a two-week outage, trading and ...
Iran to Launch the Largest Floating Oil Storage
Iran >> 7/27/2013 - Iran is about to launch the largest floating oil storage terminal of the Persian Gulf, in the Southern province of Bushehr within few months, the Iranian Offshore Oil Company (IOOC) said. ...
Libya's Zueitina Port Stormed Hours After Strike Ends
Libya >> 7/16/2013 - Armed protesters stormed the eastern Libyan oil port of Zueitina on Tuesday demanding export operations be halted, a witness said, hours after workers temporarily suspended a strike and resumed produc...
Japan Agrees to Extend Saudi Aramco Crude Storage Deal
Japan Agrees to Extend Saudi Aramco Crude Storage Deal Saudi Arabia >> 7/11/2013 - Tokyo has agreed in principle to allow Saudi Aramco to store crude in Japan beyond the end of 2013, a Japanese government official said, giving the top oil exporter continued access to a key supply de...
Officials Reached an Agreement over Two Libyan Ports
Libya >> 7/7/2013 - An agreement has been reached with the armed groups that shut down two Libyan oil ports, allowing exports to resume, an official present at negotiations said on Sunday. ...
Libyan Oil Terminals Reopening
Libya >> 6/11/2013 - Protesters who had forced two oil terminals in Libya to shut have left the sites and normal operations are resuming at both Marsa el Hariga and Zueitina, workers said on Tuesday. ...
HTL to Commission US$100m New Oil Terminal in Fujairah
United Arab Emirates >> 5/26/2013 - Horizon Terminals Limited (HTL), the terminals business and wholly-owned subsidiary of Emirates National Oil Company (Enoc), said its new oil terminal, built at a cost of over $100 million in Fujairah...
Libya's Ports Reopen, Gas Complex Attacked
Libya >> 5/20/2013 - Libya's oil terminals at Tobruk and Zueitina re-opened over the weekend after protests forced both ports to shut, Libya's deputy oil minister Omar Shakmak said. ...
Agreement on Management of Petkim Terminal Signed
Turkey >> 2/22/2013 - The signing ceremony of the agreement on management of the biggest assets of SOCAR in Turkey - Petkim terminal - was held. The document was signed between Petkim Company and Dutch APM Terminals Compan...
Libya’s Zueitina Port Resumes Oil Exports
Libya >> 2/7/2013 - Libya’s Zueitina port re-opened for crude exports, with a ship scheduled to load 700,000 barrels of the Abu Attifel grade, according to two people with direct knowledge of the matter. ...
Libya's Zueitina Prepares to Resume Oil Exports
Libya >> 1/15/2013 - Libya's Zueitina oil terminal should reopen in coming days, officials said, after the oil ministry gave the go-ahead to start planning the resumption of activities following the latest disruption to t...
Oman Mulls 2nd Crude Oil Export Terminal Near Duqm
Oman >> 1/14/2013 - A massive crude oil storage hub planned by the government at Ras Markaz near Duqm could also serve as an alternative export terminal for Omani crude, according to the Under-Secretary of the Ministry o...
Libya to Secure Oil Ports after Disruptions
Libya >> 1/9/2013 - Libya's oil ministry has reached agreement with the country's army chief and defence and interior ministries to secure exporting terminals, Oil Minister Abdelbari Al-Arusi said, after several protests...
Protests Hit Libya's Zueitina Oil Exports
Libya >> 1/8/2013 - Libya's eastern Zueitina oil terminal remains closed, and no crude has been shipped out since the start of January due to local protests that began in December, Libyan and trading sources said. ...
Libyan Protesters Shut Down Oil Port in Al-Zuweitina
Libya >> 12/26/2012 - Protests have forced a major oil port in eastern Libya to shut down its operations for a fourth day, the deputy oil minister said on Wednesday. Al-Zuweitina Oil port, 790 km east of Tripoli, receives ...
Longwei Commences Operations at Huajie Fuel Storage
China >> 10/15/2012 - Longwei Petroleum Investment Holding Ltd., an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), announced that it has com...
Gazprom Neft Awards Tender to Stroytransgaz for Terminal
Gazprom Neft Awards Tender to Stroytransgaz for Terminal Russia >> 10/3/2012 - Gazprom Neft has completed a tender for the design, supply of equipment and materials, construction and commissioning of an Arctic terminal for all year round shipping of oil from its Novoportovskoye ...
VTTI Plans to Double Fujairah Oil Storage Capacity
United Arab Emirates >> 9/30/2012 - Vitol Tank Terminals International (VTTI) is studying almost doubling its oil storage capacity at the port of Fujairah, just outside the Strait of Hormuz, and could start construction by early 2014, a...
New Oil Storage Facility in Fujairah by Sinopec
United Arab Emirates >> 5/17/2012 - Singapore-based Concord Energy and China's Sinopec will start to build oil storage in the United Arab Emirates port of Fujairah within two months, a source at Concord Energy said.
Oil Swap Capacity to Be Raised by 1.5 mb/d
Iran >> 5/13/2012 - Managing director of Iranian Oil Terminals Company (IOTC), Seyyed Pirouz Mousavi, says new oil storage facilities will be built in Neka port, north of Iran, in a bid to increase oil swaps to 1.5 milli...

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