Oil Storage Companies Witness an Unprecedented Capacity Demand without a Proportional Rise in Profit Oil Storage Companies Witness an Unprecedented by GlobalData

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									Oil Storage Companies Witness an
Unprecedented Capacity Demand
without a Proportional Rise in
Profits
                                                                                 Reference Code: GDGE0596VPT
                                                                                 Publication Date: FEB 2009




Energy Viewpoint                                                               GDGE0596VPT / Published Feb 2009

© GlobalData. This report is a licensed product and is not to be photocopied                              Page(1)
Table of Contents


1          Table of Contents

1     Table of Contents                                                                                      2

1.1      List of Tables                                                                                       4

1.2      List of Figures                                                                                      5


2     GlobalData Viewpoint                                                                                   6

2.1      Summary                                                                                              6


3 Oil Storage Companies Witness an Unprecedented Capacity Demand without a
Proportional Rise in Profits                                               7

3.1      Low Oil and Refined Products Demand and Reduced Prices are Upping the Ante of Oil Storage
         7

3.2      Global Oil and Petroleum Products Storage Industry is Set to Grow between 2008 and 2013              7

3.3 Rationale behind Minimal Profit Growth of Oil Storage Companies amidst High Storage
Demand and Capacity Growth                                                                                    8

3.4      Conclusion                                                                                           9


4     Recent Developments                                                                                   10

4.1      Oct 17, 2008: CNOOC Wins NDRC Approval To Construct Oil Terminal In Huizhou                         10

4.2      Jan 23, 2009: Petrobras Unveils New Business Plan For 2009-2013                                     10

4.3      Sep 10, 2008: Total To Spend EUR5.5 B
								
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