January 26, 2016 [PortNews IAA] - Total volume of oil products shipped from Leningrad region, Russia based PPK Vysotsk "LUKOIL-II» in 2015 decreased by 8.6% year-on-year to about 11 million tonnes, the facility operation statistics showed.
January 25, 2016 [The Jakarta Post] - The country’s first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March, supplying 40 million standard cubic feet per day (mmscfd) of gas to Bali’s Pesanggaran power plant.
January 25, 2016 [Reuters] - Magellan Midstream and LBC Tank Terminals are actively looking to develop crude export capacity at their joint venture in Houston, Texas, Magellan chief executive Mike Mears said on Friday at the Argus America Crude Summit in Houston.
January 25, 2016 [Gulf Petrochem Group] - Gulf Petrochem Group, a leading player in the oil industry, has today announced details of its expansion of Fujairah terminal ahead of its EPC tender expected to go out to market early next week with the project set to start in April 2016.
January 22, 2016 [OPIS] - Limetree Bay Terminals, or LB Terminals, the new owner of the Hovensa oil terminal at St. Croix in the Caribbean, is expected to see a full operational restart of 13 million bbl oil storage capacity at that facility within a short span of a few months after taking over the recently acquired facility on Jan. 8, 2016, industry sources in the Caribbean told OPIS on Thursday.
January 22. 2016 [OPIS] - While Mexico's fuel imports held at a steady pace in 2015 and will continue at a steady clip going forward, state-owned oil company Pemex has been highlighting the fact that its distribution system -- at least in some regions -- sold higher fuel volumes in 2015 than in 2014.
January 20, 2016 [PortNews IAA] -In 2015 for the first time in its history the port of Antwerp passed the 200 million tonne mark for the volume of freight handled, by a wide margin. On 31 December the figure stood at 208,423,920 tonnes of freight handled. That’s 4.7% more than the previous year, which ended with a volume of 199 million tonnes.
January 19, 2016 [Reuters] - A storage project with 25 million barrels of space will open in Oman in 2019, helping to keep the country's oil flowing, Oman Tank Terminal Company (OTTCO) said on Tuesday.
January 19, 2016 [OPIS] - Refined oil-product stocks in the northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA) rose to 48.5 million bbl in November, 44% higher than the same month in 2014, OPEC said today in its Monthly Oil Market report for January.
January 18, 2016 [Times of Oman] - Work on the Al Jifnin station project in the Governorate of Muscat is progressing well as 20 per cent of the construction work has been completed, said Andres Suarez, general manager of Orpic Logistics. “The station is expected to be complete in the second quarter of 2017,” he added.
January 18, 2016 [OPIS] - Diesel stocks may be easing on land but Europe's glut of middle distillates is worsening at sea. Volumes of ULSD tracked on ships at anchor or temporary floating storage outside ports is escalating, as tankers importing cargoes slow sailing speeds or stop near strategic ports to delay arrival.