New Report Provides Current Snapshot, Forecasts of Global Oil Storage Industry

Published Date : May 09, 2016

Albany, New York, May 09, 2016: has added a new report to its market intelligence database. The report studies the global oil storage industry and forecasts the industry’s trajectory till 2020. The 565-page report is titled ‘Global Oil Storage Industry Outlook To 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals’ and is available for sale on the website.

The report provides details about existing and planned oil storage terminals around the world. The information provided in the report includes data about crude oil storage terminals, petroleum product storage terminals, as well as terminals that store various chemicals used in oil and gas exploration and production. All three types of terminals play a crucial role in ensuring the oil and gas industry runs smoothly. Information given about each oil storage terminal includes data about the operator running the terminal, the capacity of the terminal, and the type of commodity it can store.

A regional breakdown of the global oil storage industry is also provided in the report. The status of major regions in the market is given to analyze each segment’s growth from 2010 to 2015 and to predict its growth patterns by 2020. The expected capital expenditure of major countries and major regions is also given in the oil storage industry report. Based on the contribution of each segment to the global oil storage industry, a comparison between major national and regional markets is also provided in the report.

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The future of the global oil storage industry is also assessed in detail in the study, with planned construction projects of new oil storage terminals and existing capacity additions examined to provide readers a handy guide to the expected developments in the global oil storage terminals market. The information about new oil storage terminal projects given in the report has been assessed by industry experts to ensure its accuracy and has been updated keeping in mind recent developments in the oil storage terminals market. Accordingly, recent tenders and contracts finalized in the global oil storage terminals market are also analyzed in the report.

Major regions analyzed in the oil storage industry report include Africa, Asia, the Caribbean, Central America, North America, South America, Europe, the Middle East, and Oceania. More than 30 national oil storage markets in Africa are examined in the report, including Botswana, Burundi, Angola, Ghana, Mozambique, Djibouti, South Africa, Algeria, Egypt, Tunisia, Morocco, Namibia, DR Congo, and others. Africa has risen rapidly to become a promising segment of the global oil and gas industry due to the recent discovery of offshore petroleum reserves off West Africa.

Major national markets within the other regional segments of the global oil storage industry are also examined in the report, in order to provide a comprehensive overview of the global oil storage industry.

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