Market Report, "Global Capacity and Capital Expenditure Outlook for Oil Storage", published


Project Changes and Cancellations Cut Projected Storage Capacity 10% by 2019



[ClickPress, Fri Jul 08 2016] Asia will drive the growth in the global oil storage industry over the next four years, followed by the Middle East. In Asia, China will lead the region both in terms of capacity growth and capital spending. Malaysia, Indonesia and South Korea are the other major countries to witness considerable growth in capacity and capital spending. In the Middle East, Saudi Arabia, Oman and Iran account for most of the planned capacity growth and capital spending. Among companies, Saudi Arabian Oil Company and CNOOC Ltd lead the world in oil storage capacity additions. Al Muajjiz, Fujian II and Ulsan XIII are the top three planned oil storage terminals in the world in terms of capacity by 2020.

Report Scope

* Historical oil storage capacity data by major regions in the world from 2010 to 2015, forecasts up to 2020
* Annual breakdown of capital expenditure on proposed oil storage projects for the period 2016 to 2020
* Planned oil storage capacity additions and capital expenditure by key countries and companies across the world
* Region wise planned capacity additions and capital expenditure of new oil storage projects by key countries and companies
* Details of major planned and stalled oil storage projects in the world up to 2020

Full Report Details at
- http://www.fastmr.com/prod/1193928_global_capacity_capital.aspx?afid=301

Reasons to Get this Report

* Obtain the most up to date information available on oil storage projects across the world
* Identify growth segments and opportunities in the oil storage industry
* Facilitate decision making on the basis of strong historic and forecasts of oil storage projects data
* Develop business strategies with the help of specific insights into planned oil storage projects across the world
* Keep abreast of key planned oil storage projects across the world
* Assess your competitor's planned oil storage projects and capacities

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