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Sinopec starts giant Batan PT West Point Terminal project in Indonesia

Will Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is planning to invest $850 million …

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Oman Oil scales up Duqm Refinery and Petrochemical complex project

OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal Company LLC (OTTCO), this new …

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