Examples of use of TANKAGE
1. Behuria also said that Indian Oil will double its investment in Mauritius to $35 million to augment its tankage capacity and also set up a product testing laboratory.
2. Companies such as Swiss trader Glencore, US Koch Refining International, Cargill International and Russian oil major Lukoil are expanding their Asian fuel business, but lack access to tankage, which is typically leased out by operators on annual–term basis.
3. Flushed with cash from $60–crude and booming global trade, storage firms are gearing up for capital–intensive infrastructure projects that will take total tankage in the region‘s top trading hub to more than 6 million cubic metres.
4. A committee that operates the road said many loads that had already arrived in Yellowknife would be put in storage, returned to tankage or shipped south for repackaging for later delivery by air.
5. Five separate projects operated by Middle East player Horizon Terminals, Dutch–based Royal Vopak, Oiltanking, US trader Chemoil and Singapore‘s Hin Leong Trading will add about 2.86 million cubic metres to the current total commercial tankage capacity of 3.6 million cubic metres in the city–state.