The current important trend in the oil and gas storage market is that as a result of increased logistics activity in the oil and gas sector due to increasing international and domestic trades, the demand for oil and gas storage capacity is witnessing a rise at the major global supply hubs*.
Oil & Gas Storage Market Services
Tank farms play an important role in the logistics of crude oil and natural gas nowadays. Oil & gas storage service providers hold crude oil, both unrefined and refined products including gas oil, gasoline, aviation fuel, naphtha, diesel, kerosene, liquefied natural gas and liquefied petroleum gas. From these storage terminals products are usually transported to end users or further storage facilities. At Western Energy we are glad to be able to provide a wide product portfolio that allows us to participate in the chain of crude oil and its by-products storage and transportation. Our pumps are able to perform even for the most viscous (up to 35.000 cST), shear sensitive media and low NPSH applications.
Singapore Oil Storage Supply
Singapore’s strategic location between the Indian and Pacific Oceans has allowed it to become one of Asia’s major petrochemical and refining hubs. The government maintains strategic petroleum reserves of about 32 million barrels of crude oil and 65 million barrels of refined petroleum products. With country’s largest oil storage facilities located at Jurong Island, Western Energy’s input to the industry was not missed either. We are proud to have our rotating equipment ensuring successful and uninterrupted service at Stolthaven and Vopak Terminals.