Industry Insights: Mark Korzec, Director of Oil and Gas Sales, Colfax Corporation.

Mark Korzec“For a long while the technology within fluid storage and movement did not move as rapidly as the technology in other industries. But this has changed in recent years. Hesitancy to develop and deploy new technologies has eroded and we are now seeing the benefits of its deployment.”

Today Tank World Editor, Luke Upton, speaks to Mark Korzec, Director of Oil and Gas Sales for Colfax Corporation, a veteran of over 43 years in the industry and an expert speaker at Tank World Expo. Working with Oil Companies, Engineering firms, and Design Institutes around the globe Mark has gained a unique perspective on our industry and has a particular focus on sharing his experience of tank farm and terminal operations. Mark travels regularly around the world and as such a broad view of the dynamic changes that the global fluid movement is currently undergoing.

Luke Upton (LU): Thanks very much for the time today, you travel a lot in your job, quite simply, what are you seeing out there?

Mark Korzec (MK): No problem. It’s a really interesting time at the moment, and what it really comes down to is a dramatic change in the movement of oil. Traditionally it would flow from east and in particular the Middle East, to the West but now we are seeing an increasing movement from west to east. There are a couple of factors causing this change including the USA exporting its own oil, a rising demand in Asia and the accessing of African oil. In the last 5 years alone there have been over 70 discoveries in Sub-Saharan African and the decline in demand from Europe.

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Facility Focus: Zeeland Seaports (Netherlands)

Zeeland SeaPortsToday Tank World profiles Zeeland Seaports, a European hub and gateway for handling of liquid bulk in the Netherlands. The two ports Vlissingen and Terneuzen which make up the Zeeland Seaports are ideally located , right between Rotterdam and Antwerp, with free access to the open sea and a first-rate network of road, rail, pipelines and inland waterway links to the hinterland of Europe. Even the largest seagoing vessels are able to call Zeeland Seaports with a minimum of deviation from main shipping routes and without tidal restrictions. In addition, the ports handle a wide range of short sea and inland vessels providing a comprehensive network of cargo services right across Europe.

Flexibility, speed, quality and customer friendliness are other reasons for more and more companies to choose Zeeland Seaports as their strongest link to Europe. With plenty of space for development, Zeeland Seaports has ample opportunities for future growth. Zeeland Seaports and its experienced staff look forward to helping customers develop and grow their business.

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Industry Insights: Peter Mackay, Editorial Director, Hazardous Cargo Bulletin.

Peter Mackay“Keeping up to date with the major international trends, be they political, economic or technological is essential – it’s a global business, now more than ever – and the decision making needs to be the same.”

Today Tank World News sits down with Peter Mackay, Editorial Director of Hazardous Cargo Bulletin and Day One Chairman of Tank World Expo that took place in Dubai in April. Peter has been with Hazardous Cargo Bulletin, a global magazine covering all kinds of dangerous goods but with a particular focus on liquid chemicals and liquefied gases, for over 20 years is an expert in its regulation and operation. He spent his early career with Drewry Shipping Consultants before moving on to industry journalism.

Luke Upton (LU): Hello Peter, with your experience there’s plenty that we could talk about today but perhaps we can start by looking at some of the key changes and trends that you are seeing emerge.

Pete Mackay (PM) : “Hi Luke, well, as always there is plenty going on, in fact we may not have been in such a period of flux since the 1970s. The USA is undergoing a huge change, with its accessing of domestic supplies of crude and its shift from being an importer of LNG to an exporter being nothing short of a revolution. With its own supply of oil it has in some ways disengaged from the global market in terms of pricing, to fill up your car is cheaper in the US than anywhere else in the world bar some of the Gulf states. But if the exports of US LNG and crude become more significant they will get plugged back into the global market and this is likely to have an effect on the domestic price. Let us not forget that in the US, the price of filling up the car is a major political issue!

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A challenging contract… delivering storage tank solutions at an altitude of 5000m in the Atacama desert.

ASM in the desert

The Storage Tanks arrive at the ALMA facility.

Today Tank World journeys to Chile in the company of A. Silva Matos (ASM) to gain an insight into their manufacture and delivery of 3 LPG storage tanks for the Atacama Large Millimeter Array (ALMA) site in the Atacama desert of northern Chile. This remarkable facility consists of 66 12-meter and 7-meter radio telescopes aiming to provide insight on star birth during the early universe and detailed imaging of local star and planet formation. ALMA is an international partnership between Europe, the United States, Canada, East Asia and the Republic of Chile costing more than a billion US dollars.

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Expert View: Innovative solutions for oil terminal applications.

Colfax StorageToday Tank World gains an expert insight from Colfax into the adoption of positive displacement pumps. This adoption continues to increase because of market trends that require operators to handle multiple fluid types, an ever-growing need for speed-of transfer, better inventory management and increase site profitability. It is important to remember that storage is not the objective of the terminal or tank farm manager; rather, it is the timely delivery of a stored product.

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How the latest fire detection and extinguishing systems are improving safety in hydrocarbon storage.

CFI systemWhen Korean company Daewoo Engineering & Construction were building 16 hydrocarbon storage tanks for ADNOC at Musafa Terminal – Inter Refinery Pipeline in Abu Dhabi, they demanded the most technically advanced fire detection and extinguishing systems. For this challenge they asked Saval, a company with a history of manufacturing extinguishers stretching back to 1925 and still a leading company for fire fighting equipment and specialising in products for the Oil & Gas market.

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Project Focus: Basra Oil and Gas International Free Zone, Iraq.

BIOGH imageToday Tank World looks an exclusive look at one of the most exciting developments in the Middle East for our industry – the Basra Oil and Gas International Free Zone.The Agreement for this public private partnership between the Iraqi Free Zone Authority and BIOGH was signed in September 2012 with the specific aim of building a fully-integrated oil and gas logistics facility in the Free Zone at Khor Al Zubair in the Basra Governorate, Iraq.

The specialised Free Zone will cover 11million square metres and be located next to Iraq’s strategic oil and gas port in Khor Al-Zubair. The Zone will provide a mixed-use site for manufacturing and storage and fulfil the increasing requirements of Iraq’s oil and gas sector.

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