Volume: 8
Issue: 1

Published:
January 19, 2012

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


Tank storage in the Middle East

Tank terminal capacity is being expanded at a number of sites in the Arabian Gulf region in response to growing demand for liquid fuel storage, an important share of which is being built by third party tank terminal operators. Some chemical storage capacity is also being built, a new develo...


SOCAR AURORA Fujairah Terminal commissions first tanks

SOCAR AURORA Fujairah Terminal has completed phase one of its 641,000m3 terminal and the first cargo from SOCAR Trading, Geneva is expected shortly. Commercial operation of three tanks, consisting of 115,000m3 capacity, will begin on 30 January. The partnership between SOCAR (the State O...


PetroChinaâ

PetroChina Pipeline R&D Centre has developed a GIS-based oil-flow model for rapid predictions of the movement of spilled oil and environmental sensitivity analysis. This simulation model has been used to analyse the environmental impact of a tank farm in Qinhuangdao Wharf in 2D and 3D. The ...


Selling strategy for smaller independents

Ownership of storage and terminalling assets by independent third party operators continues to rise. This select group now controls approximately 15-17% of total global capacity. This trend, which began around 2005, is expected to increase notably over the next 10 years. This shift in as...


Standardisation in vapour recovery

Vapour recovery units used in truck distribution depots tend to be highly standardised, related directly to the size of the depot. The number of loading bays and the daily throughput are key design parameters in determining an appropriately sized system. There are a number of key parameters...


Fall prevention, not just protection

Working at a height has become increasingly safer over the past few years. One example is the increased use of safety cages. Unlike safety belts, which protect just one individual against falling, safety cages aim to protect everyone accessing the working area. The primary goal of safety ca...


Integrating loading solutions

When considering which loading arm to choose, many factors must be considered, such as the technology behind a particular manufacturer’s swivel joints, correct seal material selection, vapour recovery, dry break coupler systems, break away devices and overfill prevention. But one question...


Covering up

In the petroleum industry,chemicals are blanketedto reduce the release ofvolatile organic components(VOCs), which pose risks topeople and the environment. In blanketing applications self-acting safety valves are used for security, while pressure regulators control blanket gas pressure. A pr...


A new way to dissipate electrical charge

On a fairly regular basis, certain types of tanks explode or catch fire, sometimes, but not always, during electrical storms. This is a recurring industry problem without areliably effective solution. There are two possible causes of this type of incident: a direct or proximate lightning st...


Settling disputes in the UK

In any business, particularly ones which involves cross dealingswith third parties, disputes invariably arise and businessmen get involvedin legal suits. There is an apprehension that once a case has begun it will continue for a long time, and that the litigant will have to bear the costs of t...


Reducing environmental risks exposure

Over the last 50 years incidents inthe tank storage industry have included: • 23 boilovers • 138 fatalities • 547 injuries • 101 million barrels of product lost – burnt • 56 tanks destroyed • Eight industrial plants damaged. Taken in the context of increasing...