Volume: 10
Issue: 6

Published:
October 27, 2014

Tank Storage Magazine

Tank Storage Magazine is the leading industry publication dedicated exclusively to the bulk liquid storage industry. It is read by terminal managers, senior engineers, logistics/distribution managers and CEOs within oil, gas and petrochemical facilities as well as third party terminal operators.



Headlines


Adding value in a changing world

Vopak’s terminal in Hamburg has a capacity of almost 700,000m3, used for storing base oil, heavy fuel oil, gasoil and diesel as well as bunker fuel and niche products like sulphuric acid and CO2. The closure of local refineries in Germany has increased demand for imports of gasoil and diesel...


Looking into the Cushing crystal ball

Cushing stocks have dropped from 40 Mbbl in January 2014 to just over 19 Mbbl at the end of July 2014, and currently hover in the low 20 Mbbl range. The precipitous drop, an average of 125 kb/d, indicates that demand for domestic barrels is strong and continues to be strong today as Gulf Coast...


Playing to win

Globally, there were 22 oil and gas terminal and storage transactions last year and 36 transactions in 2012, according to analysis1 by London-headquartered EY. The two largest transactions in 2013 involved gas storage assets: one in the US, the drop down of assets into Plains All American Pipeline, ...


Designing compliant tank storage overfill protection systems

The overriding driver in defining the requirements of tank overfill protection has been the Buncefield incident. The Buncefield Major Incident Investigation Board initial report (in particular paragraphs 63, 65 and 66) made reference to ‘the overriding need to ensure the integrity of the pri...


Metering or gauging

Tank gauging remains invaluable for terminal tank operators as a means to measure product inventory. For custody transfer into and out of tank terminals, however, the metering system is the preferred and more cost-effective method of measurement, thanks to an accuracy that can be 10 times that of ta...


Why pressure transducers are almost always the best wireless liquid level sensors

Pressure transducers are impressive level sensors. They have been an industry staple for years now – and for good reason. They are versatile, rarely upset by environmental variables, inexpensive, easy to install, and require very little (if any) programming. The operating principle of a stan...


Installation considerations for automatic tank gauging

Choosing the right automatic tank gauge can seem like a simple process – just look for the sensor that offers the performance needed at the lowest price. The reality is more complex. Different sensor technologies operate in vastly different ways, which directly affects how they are installed...


EPA no longer supports VOC emissions software for storage tanks

US companies with petroleum products and other organic liquids have long utilised the US Environmental Protection Agency’s (EPA) software, latest version TANKS 4.09D released 3 October 2005, to estimate emissions of volatile organic compounds (VOCs) and hazardous air pollutants (HAPs) from s...


VTT Vasiliko opens in Cyprus

Nearly four years after its conception, VTT Vasiliko in Cyprus (VTTV) will begin its operations in November 2014. The facility, which is owned by a subsidiary of VTTI, comprises of 28 tanks and 544,000m³ of storage capacity for white products, available for both commercial and strategic stock...


How the VTT Vasiliko tanks were built

Jacking-up tanks is gaining popularity around the world as more tank builders are switching from the conventional (bottom-up) erection method to the jacking (top-down) method largely due to the absolute safety the latter affords by eliminating working at heights. Coupled with this are other fa...


Mechanisation of storage tank welding

The growth of the oil and gas industry continues to increase demand for welders. This demand has created a shortage of skilled welders and, as a result, mechanised welding, is a cost-effective solution. Simply put mechanised welding machines are power tools for welders. Mechanical, motorised m...


Order from chaos

As assets and facilities age, the continued demonstration of fitness to operate over an extended lifetime is essential. But with so much data available, how can you tell what you really need to worry about? Asset integrity management is needed for a multitude of reasons. Most importantly, it i...


Geldof finalises new tank terminal for ADPO in Port of Antwerp

Earlier this year Antwerpbased ADPO, a provider of logistics services as well as storage and handling, awarded a contract to the Belgian company Engicon nv (Geldof), total engineering and steel construction project contractor, for the design, construction and installation of 57 storage tanks f...


Retrofitting leak detection

Tank Storage magazine speaks to Niels Knoops- Wesenick, MD of leak detection technology provider Wolftank Adisa, about the protection of storage tanks Q Why is the tank an asset to be maintained? A The construction of a new storage tank is a high investment in an asset that, over the ent...


High temperature linings for sulphur storage tanks

Liquid sulphur storage tanks are used worldwide in crude oil refineries and natural gas plants to store liquid sulphur in very large volumes. Sulphur storage tanks are most commonly used as part of the gas treating system in sour crude oil refineries and gas sweetening facilities to temporaril...


Low thermal conductivity CUI coatings

The benefits to industry of insulating tanks, process equipment and pipework to reduce energy usage and the risk of personal injury by burns cannot be overstated. An unfortunate downside, however, is that if corrosion of the underlying steelwork is initiated, it often proceeds un-noticed until...


An introduction to valves & gauges for shop fabricated tanks

Today’s systems are typically designed to comply with current National Fire Protection Association (NFPA) code requirements, International Fire Code (IFC) code requirements, and/ or California’s Air Resource Board (CARB) requirements. The Environmental Protection Agency (EPA) has additiona...


The fuel for success

Based in Phoenix, Arizona, Caljet operates five state-ofthe art storage tank farms, unloading facilities, dispensing terminals and customer focused operations. Handling about 50% of the motor fuels that are consumed in this market place, the company operates 24 hours a day, 365 days a year. Ca...