A series of capacity utilisation projects are taking place across Inter Terminals’ facilities in Europe to meet growing activity levels.
Three tanks with a combined capacity of 37,600 m3 at the company’s Asnaes Oil Terminal in Denmark are being returned to service in response to continuing strength in the heated oil market. An addition two tanks have also been recommissioned and are being used to store heated fuel oil.
In the UK, the company has launched a project to convert a variety of mild steel tanks with a combined capacity of just under 34,000 m3 at its Immingham East and West Terminals to meet changing market requirements. Former heavy fuel oil storage is being adapted for distillates.
The storage operator says the project represents a sizeable conversion of its remaining oil storage capacity in the UK to meet increasing demand for diesel storage.
At its facilities in Mannheim, Germany, six 1,500 m3 specialised stainless steel tanks have been constructed.
Additional tank capacity is also being utilised in Sweden where Inter Terminals operates a four-terminal complex. Extra tanks are being used to store 20,000 m3 of fuel oil at Göteborg and 19,500 m3 of methanol at Malmö.
Paul Oseland, commercial director for Inter Terminals, says fast-moving market trends in the European storage sector demand an ‘agile response’ from storage providers.
‘Being able to offer convenient, cost-effective storage solutions in key locations is crucial to keeping your tanks full,’ he says.