January 22, 2018 [TankTerminals.com] - Market Brief: China’s Crude and Dirty Products Demand. New Storage Opportunities: Amsterdam (Diesel/Gasoil), Louisiana (Various Prods).
China’s Crude and Dirty Products Demand
On January 1, 2018, China formally enacted the environmental law that took them 6 years to prepare. One of the side effects of this implementation is the closure of thousands of smaller chemical plants and the levy of VOC’s taxes. (China also officially opened a marketplace for trading in CO2 credits at the end of last year.)
Because of these developments, inter-regional imbalances of supply and demand within China for chemicals has never been larger. This pushes up the demand for chemical storage tanks, especially with reputable storage terminals who are enjoying above 90% occupancy rate at the moment.
On the oil side, crude tanks are in good demand, especially in Shandong Province. Independent refineries kicked off a new round of crude imports. The Ministry of Commerce has vested 121 million tons of crude quotas, out of 142 million tons allocated, to independent refineries. This is a 76% increase over 2017.
Storage demand for dirty products remains slackish as fuel oil at factories is being replaced by gas, and independent refineries switched to crude as feedstock. Fuel oil consumption is said to be only 1/3 compared to the booming years.
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| Tank Storage Availability Worldwide | ||||
| Capacity (m3) | Product | Location | Available from | Enquire for Storage |
|---|---|---|---|---|
| New | ||||
| 162,350 | Diesel / Gasoil | Amsterdam | Now | Click here |
| 99,000 | Light ends Fp<60 | Amsterdam | Q3, 2018 | Click here |
| 50,000 bbl | Various Products | Louisiana USA | Q1, 2018 | Click here |
| Belgium – The Netherlands | ||||
| 100,000 | Q2/Q3, 2018 | Amsterdam | Now | Click here |
| 110,000 | Dirty Petroleum Products | Amsterdam | Now | Click here |
| 8,000 | Diesel / Gasoil | Rotterdam | Now | Click here |
| 13,300 | Chems | Rotterdam | Now | Click here |
| 7,900 | Vegoils | Rotterdam | Now | Click here |
| 1,500 | Vegoils | Inland Netherlands | Now | Click here |
| 13,000 | Vegoils | Inland Netherlands | Q2 / Q3, 2018 | Click here |
| 5,000 | Chems | Inland Netherlands | Now | Click here |
| 10,000 | Bitumen | Inland Netherlands | Now | Click here |
| 193,000 | Diesel / Gasoil | Belgium | Now | Click here |
| 30,000 | Light ends FP <60 | Belgium | Q2, 2018 | Click here |
| 6,000 | Chems | Belgium | Now | Click here |
| North Europe | ||||
| 100,000 | Crude | North Germany | Now | Click here |
| 4,000 | Diesel / Gasoil | North Germany | Now | Click here |
| 17,000 | Dirty Petroleum Products | North Germany | Q2, 2018 | Click here |
| 15,000 | Diesel / Gasoil | Inland Germany | Now | Click here |
| 5,927 | Chems | Inland Germany | Now | Click here |
| 3,000 | Diesel / Gasoil | West Coast UK | Now | Click here |
| 6,000 | Various Products products | West Coast UK | Now | Click here |
| 28,000 | Various Products products | East Coast UK | Now | Click here |
| 4,000 | Vegoil / Chems | East Coast UK | Now | Click here |
| 15,000 | MGO / IFO | East Coast Scotland | Now | Click here |
| 100,000 | Light Ends FP<60 | Ireland | Now | Click here |
| 100,000 | Crude | Ireland | Now | Click here |
| 2,200 | Light Ends | Denmark | Now | Click here |
| 7,000 | Vegoils / Chems | Denmark | Now | Click here |
| 145,000 | Diesel / Gasoil | Denmark | Now | Click here |
| 1555,000 | Diesel / Gasoil | Denmark | Q1, 2018 | Click here |
| 651,000 | Diesel / Gasoil | Sweden | Now | Click here |
| 412,500 | Dirty Petroleum Products | Sweden | Now | Click here |
| 14,300 | Vegoils | Sweden | Now | Click here |
| 324,000 | Diesel / Gasoil | Finland | Now | Click here |
| 48,000 | Light Ends FP<60 | Lithuania | Now | Click here |
| 140,000 | Crude | Estonia | Now | Click here |
| 75,000 | Diesel / Gasoil | Estonia | Now | Click here |
| 54,000 | Light Ends FP<60 | Estonia | Now | Click here |
| 20,000 | Gasoline / Diesel / Jet | Estonia | Sept, 2017 | Click here |
| 75,000 | Diesel | Estonia | Now | Click here |
| 23,500 | Light Ends FP<60 | Latvia | Now | Click here |
| South Europe | Mediterranean | Black Sea | ||||
| 17,700 | Various Products Products | Portugal | Q3, 2018 | Click here |
| 53,600 | Various Products Products | NW Spain | Now | Click here |
| 23,000 | Vegoils/ Chems | South Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | South Spain | Now | Click here |
| 110,000 | Diesel / Gasoil | East Spain | Now | Click here |
| 91,500 | Light Ends FP<60 | NE Spain | Now | Click here |
| 212,000 | Light Ends FP<60 | East Spain | Q1, 2018 | Click here |
| 7,500 | Chems | East Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | East Spain | Now | Click here |
| 20,000 | Dirty Petroleum Products | East Spain | March, 2018 | Click here |
| 5,000 | Chems | North France – Inland | Now | Click here |
| 1,500 | Chems | South France – inland | Now | Click here |
| 6,600 | Vegoils / Chems | NW France | Now | Click here |
| 10,000 | Chems / petroleum prods | Croatia | Now | Click here |
| 7,500 | Chemicals | NE Italy | Now | Click here |
| 15,000 | Diesel / Gasoil | NE Italy | Now | Click here |
| 12,000 | Light Ends FP >60 | NW Italy | Now | Click here |
| 30,000 | Various Products | NW Italy | Now | Click here |
| 8,000 | Chemicals | NW Italy | Now | Click here |
| 30,000 | Diesel / Gasoil | NW Italy | Now | Click here |
| 7,000 | Molasses | NW Italy | Now | Click here |
| 22,000 | Various Products Products | Albania | Now | Click here |
| 9,900 | Gasoline | Albania | Now | Click here |
| 30,000 | Light Ends FP<60 | Georgia | Now | Click here |
| 100,000 | Dirty Petroleum Products | Georgia | Now | Click here |
| 45,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 30,000 | Light Ends FP<60 | Ukraine, Danube | Now | Click here |
| 12,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 5,000 | Vegoils / Chems | Ukraine, Danube | Now | Click here |
| 120,000 | Light Ends FP<60 | SE, Turkey | Now | Click here |
| 20,000 | Dirty Petroleum Products | SE, Turkey | Now | Click here |
| 12,000 | Vegoils | Illichevsk | Now | Click here |
| 5,000 | Chems | SW Russia | Now | Click here |
| 20,000 | Methanol | SW Russia | Now | Click here |
| Africa | ||||
| 14,200 | Chems, excl. acids | Egypt | Now | Click here |
| 6,000 | Vegoils / Chems | Egypt | Now | Click here |
| 10,000 | Diesel / Gasoil | Egypt | Now | Click here |
| 2,000 | Chemicals | Kenya | Now | Click here |
| 20,000 | Chemicals | Tanzania | Now | Click here |
| 55,000 | Light Ends FP<60 | Ghana | Sept, 2017 | Click here |
| 500,000 | Crude | South Africa | Now | Click here |
| Middle East | ||||
| 100,000 | Various Products | Gujarat, India | Now | Click here |
| 97,600 | Chems | Gujarat, India | Now | Click here |
| 15,000 | Bitumen | Gujarat, India | Now | Click here |
| 100,000 | Diesel / Gasoil | Gujarat, India | Now | Click here |
| 959,200 | Various Products Products | UAE | Sept, 2017 | Click here |
| 172,000 | Diesel / Gasoil | UAE | Now | Click here |
| 91,180 | Light Ends FP<60 | UAE | Now | Click here |
| 74,000 | Dirty Petroleum Products | UAE | Now | Click here |
| 35,795 | Chems | UAE | Now | Click here |
| Far East Asia | ||||
| 100,000 | Dirty Petroleum Products | South China | Q1, 2018 | Click here |
| 200,000 | Dirty Petroleum Products | South China | Now | Click here |
| 300,000 | Dirty Petroleum Products | North China | Now | Click here |
| 300,000 | Dirty Petroleum Products | Gr. Ningbo | Now | Click here |
| 300,000 | Crude | Shangdong | Q1, 2018 | Click here |
| 100,000 | Light Ends FP<60 | Yangtze River / East China | Q1, 2018 | Click here |
| 11,000 | Chemicals | North China | Now | Click here |
| 12,000 | Chemicals | Shangdong | Q1, 2018 | Click here |
| 15,000 | Chemicals | Greater Ningbo | Now | Click here |
| 6,000 | Chemicals | South China | Q1, 2018 | Click here |
| 15,200 | Chemicals | South Korea | Now | Click here |
| 72,500 | Light Ends FP<60 | South Korea | Now | Click here |
| 90,000 | Light Ends FP<60 | Malaysia | Now | Click here |
| 10,000 | Light Ends FP<60 | Singapore | Now | Click here |
| 200,000 | Dirty Petroleum Products | Singapore | Now | Click here |
| 500,000 | Light Ends FP<60/td> | Gr. Singapore | Now | Click here |
| 270,000 | Diesel / Gasoil | Gr. Singapore | Now | Click here |
| 255,000 | Dirty Petroleum Products | Gr. Singapore | Now | Click here |
| North America | ||||
| 20,000 bbl | Diesel / Gasoil | California USA | Now | Click here |
| 456,000 bbl | Various Products | Ohio USA | Now | Click here |
| 100,000 bbl | Chems | Pennsylvania USA | Now | Click here |
| 35,000 bbl | Light Ends FP<60 | New York USA | Now | Click here |
| 1,520,000 bbl | Dirty Petroleum Products | New York USA | Now | Click here |
| 2,710,000 bbl | Crude | New York USA | Now | Click here |
| 50,000 bbl | Chems | New Jersey USA | Now | Click here |
| 250,000 bbl | Diesel / Gasoil | New Jersey USA | Now | Click here |
| 24,000 bbl | Vegoils / Chemicals | Maryland USA | Now | Click here |
| 450,000 bbl | Dirty Petroleum Products | Maryland USA | Now | Click here |
| 280,000 bbl | Dirty Petroleum Products | Virginia, USA | Now | Click here |
| 200,000 bbl | Diesel / Gasoil | Virginia, USA | Now | Click here |
| 120,000 bbl | Various Products | South Carolina, USA | Now | Click here |
| 30,000 bbl | Diesel / Gasoil | North Carolina USA | Now | Click here |
| 85,000 bbl | Light Ends FP<60 | North Carolina USA | Now | Click here |
| 570,000 bbl | Various Products | Georgia USA | Now | Click here |
| 289,000 bbl | Vegoils / Chemicals | Georgia USA | Now | Click here |
| 20,000 bbl | Vegoils / Chemicals | Florida USA | Now | Click here |
| 200,000 bbl | Chemicals | Louisiana USA | Now | Click here |
| 380,000 bbl | Various Products | Texas, USA | Now | Click here |
| 238,000 bbl | Dirty Petroleum Products | Texas USA | Now | Click here |
| 660,000 bbl | Chemicals | Texas USA | Now | Click here |
| Central & South America | ||||
| 190,000 bbl | Various Products | Puerto Rico | Now | Click here |
| 553,000 bbl | Light Ends FP<60 | Colombia (Caribbean) | Now | Click here |
| 145,000 bbl | Dirty Petroleum Products | Panama (Atlantic) | Now | Click here |
| 9,000 | Dirty Petroleum Products | Argentina | Now | Click here |
| 10,000 | Vegoils / Chemicals | Argentina | Now | Click here |
