EXPANSIONS This year’s annual round-up of expansion work at the world’s bulk liquids storage terminals is similar in extent to last year’s and many of the key drivers for growth remain unchanged
EXPANSION With the global recession still weighing heavy on industry, it is remarkable that terminal operators around the world have not only remained upbeat through the downturn but are continuing to invest heavily.
Litasco SA, the Geneva-based international trading and supply arm of the Russian oil major Lukoil, and Spanish oil company Meroil SA have set up a joint venture that will develop Meroil’s existing terminal in Barcelona, Spain.