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Issue Contents


Volume 15, Issue 6
Published: October 29, 2019
Oil market vulnerabilities exposed

An attack on two oil facilities in the world’s largest crude oil exporting county sent shockwaves throughout oil markets and raised concerns about the vulnerability of the global supply chain.
The UAV attack by 18 drones and seven cruise missiles on Saudi Aramco’s Adqaiq facility and its Khuaris oil field mid-September resulted in the production suspension of 5.7 million barrels of crude oil per day, accounting for more than half of the Kingdom’s global daily exports.
Abqaiq and Khurais are the main processing centres for Arab Extra Light and Arab Light crude oil and China, South Korea, Japan and India are the biggest takers of these grades. Over the last year-and-a-half, Asia’s dependence on Saudi Arabian crude has increased significantly.

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An energy storage frontrunner
Following First State Investment’s acquisition of Vopak’s former Amsterdam terminal, Evos Amsterdam is wellpositionedto become a frontrunner in current and new forms of energy storage & distribution The Evos Amsterdam terminal has significant potential to be one of the storage leaders in the global energy transition as well as cementing its position in the clean petroleum products market following its acquisition by First State Investment...
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The sustainable energy solution
Channoil Consulting’s Mark Waddington examines the future of sustainable fuels, EU Renewable Energy directives, supplier requirements and the impact this could have on the European storage sector As the world looks for more sustainable energy solutions, a big feature in the transition to sustainability will be biofuels...
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Fuelling the future
An innovative new carrier technology that makes hydrogen easier and safer to store, transport & distribute is the first step in facilitating global hydrogen supply to industrial energy sectors The role of renewable energies in reducing the environmental burden of global energy emissions has resulted in an increase in innovative technologies to unlock their full potential...
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A greener storage future
As sustainability firmly takes the spotlight across the globe, storage operators are embarking on initiatives to future proof their businesses by ensuring they remain a relevant part of the new energy supply chain...
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Decarbonising the EU economy
For those of you who are new to FETSA, it is the Federation of European Tank Storage Associations...
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Europe's LNG potential
North West Europe’s leading LNG hub continues to break records as a global supply glut results in increased throughput and loading activity In a few short years Gate Terminal has seen LNG activity surge considerably at its facility as global production capacity increases against growing interest in the environmentally friendly fuel product...
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Oil market vulnerabilities exposed
An attack on two oil facilities in the world’s largest crude oil exporting county sent shockwaves throughout oil markets and raised concerns about the vulnerability of the global supply chain...
To read this article in full, subscribe now >