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Issue Contents


Volume 8
Issue 3

Published:
April 30, 2012

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.

A one-year, 6-issue subscription costs €210/$243. Individual back issues can be purchased at a cost of €45 each.

Common REACH mistakes
The EU REACH regulation may have been in force for several years, but still many companies are confused about how to comply with it...
Storing oil products on the equator
In contrast to the extreme cold temperatures experienced at the IMTTQuebec oil and chemical storage terminal where the winter temperature has been -36Ë...
Oil futures forward curves: recent developments and outlook
Forward curves and demand for tank storage capacity are indisputably linked...
Why infrastructure funds invest in storage
The rise of infrastructure funds in recent years has been driven in part by institutional investors with long-term liabilities, such as pension funds and insurance companies, searching for investments with longterm, stable cash yields, ideally with protection from inflation through adjustment of revenues according to an inflation index...
Chemical resurgence
Natural gas prices, which slumped to a 10-year low in April, may be bad news for refiners, but have prompted something of a resurgence in the chemical sector...
Multiple reasons for growth
US crude oil storage capacity will increase by 8% in the four years leading to 2015, an average of 2% per annum, according to GlobalData...
Three fundamental roadblocks to a thriving organisation
The great majority of the problems that leaders face revolve around three fundamental areas: 1) Incompetencies 2) Inefficiencies 3) Complacencies...
Fire profiles and tank configurations: what's the risk?
When it comes to evaluating protective measures for largescale tanks, it is imperative to base decisions on an honest risk evaluation, and a longterm impact assessment of the potential loss to revenue...
Mixer selection guide
One challenge for the global refining industry is the ever changing market conditions; trapped between hard to process, poor quality (although less expensive) opportunity crudes and light crude oil refining...
Cutting-edge safety
The conventional method for dismantling or repairing petroleum storage tanks is to cut them apart with oxyacetylene torches and handheld gouges...
Controlling lightning damage at transfer stations
For one company lightning had been a major issue, especially considering many of its facilities are located along the Gulf Coast...
Recommendations for reducing risk
According to a review of petroleum storage tank fires between 1951 and 2003, the number of tank fires reported in the worldwide media is in the range of 15 to 20 fires per year...
Building tanks for biofuels
Second generation biofuels, or biofuels produced from biomass non-food feedstocks, are finally getting close to commercial reality...
New specifications about electrical conductivity
For each member country, EN standards are adopted into a national version...
What goes in, must come out
Vapour recovery systems are a common item throughout the world today at distribution terminals in any operation involving the transfer of products, ranging from petrol to BTX products and increasingly crude oil...
Joint effort needed for large dome project
Last year the Oilhub Korea Yeosu Co. (OKYC) embarked on one of the largest ever aluminium geodesic roof projects to be awarded in one contract...