Oiltanking Antwerp Gas Terminal doubles storage capacity
ANTWERP, Belgium – Oiltanking Antwerp Gas Terminal N.V. announce the signing of a long-term agreement with INEOS for the storage and handling of Butane that will serve as feedstock for the INEOS cracker in Cologne. The terminal will therefore expand its capacity by almost 100%.
 |
| Photo Courtesy of Antwerp Gas Terminal. |
As part of the agreement, Oiltanking Antwerp Gas Terminal also plans construction of a 135,000 cbm fully refrigerated butane tank – the largest in Europe.
Similar to the other cracker feedstock, naphtha, which Oiltanking already stores for INEOS under a long-term agreement at Oiltanking Ghent, the butane cracker feedstock will arrive at the Antwerp terminal by seagoing vessel (up to VLGC size, Very Large Gas Carriers) for intermediate storage. From there, it will be shipped by barges via the Rhine to the INEOS facility in Cologne. This storage and handling solution will provide INEOS increased flexibility and security of supply enabling INEOS to optimize the related supply chain.
Oiltanking Antwerp Gas Terminal N.V., a fully owned subsidiary of Oiltanking GmbH, is located in the port of Antwerp and is one of the largest independent terminals in Europe for storage, throughput and distribution of LPG’s and petrochemical gases.
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
Comments