Often overlooked, tanks are vital to the global economy. Read this article to explore the MUC Oil & Gas Engineering Consultancy project for the SOCAR AURORA Fujairah Terminal FZE in Fujairah, UAE, to store white and black petroleum products, beginning with an examination of the state of the oil industry today, and how it affects the storage facilities required around the globe.
Energy is the life blood of any modern society. That said, much of what is needed is often not located at the majority of the world’s major centres of conspicuous consumption. Just as there are not petrol stations located in every driveway, the bulk storage and eventual distribution of liquid hydrocarbons and their many byproducts are necessary for the efficient and gradual distribution of these commodities.
In past years, storage tank capacity has gently climbed to meet both increased demand at new industrial and process centres, and also to augment capacities in already established industrial locations. In addition, new storage tanks are being built to replace ageing infrastructure and facilities. But all of that occurred before the current glut of oil, and the resultant pressure on current storage facilities.