Oil Storage News

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...
Aral Oil Terminal Inaugurated
Kazakhstan >> 1/30/2012 - Tethys Petroleum Limited announced the official inauguration of its Aral Oil Terminal ("AOT") - a new oil storage and rail loading facility for oil shipments from the Company's Doris oilfield into the...
Mott MacDonald Wins Contract on Oil Storage Terminal Development in UAE
United Arab Emirates >> 1/15/2009 - Mott MacDonald has been appointed by Gulf Petrochem FZC, UAE to provide consultancy services for engineering, procurement and construction management (EPCM) services on an oil storage terminal project...
Increase in Iranian Kharg Oil Storage Capacity
Iran >> 12/30/2008 - The completion of construction work of new storage tanks in Kharg Island will enable the country to raise its storage capacity by 25 percent.

Managing director of Iranian Oil Terminals Com...

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