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Global Oil and Gas Storage, Market Size and Growth
Asia-Pacific plays an important role in the global oil and chemicals storage terminal industry. Itaccounts for 22.59% of global storage capacity. The storage industry in the Asia-Pacific region is undergoing a major transformation from being government regulated to a privately owned sector. The region is witnessing a huge growth in demand for chemical and petroleum products. Countries in this region are developing new storage terminals to cater to their domestic demands.

The largest storage terminals of Asia-Pacific are Yeosu (Republic of Korea), Geoje (Republic of Korea), Pertamina Sekupang (Indonesia), Sinochem Nantong (China) and Pertamina Cilacap (Indonesia).

The storage capacity of Asia-Pacific increased from 59,054 Thousand M3 in 2000 to 85,810 Thousand M3 in 2008, at an AAGR of 4.67%. It is expected to increase from 85,810 Thousand M3 in 2008 to 108,761 Thousand M3 in 2013, at an AAGR of 4.74%.
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This latest Oil Storage market data and analysis was taken from the research report
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"Global Oil and Chemicals Storage Industry to 2013 Investment Opportunities, Analysis and Forecasts of All Active and Planned Oil and Chemical Terminalspublished by Global Markets Direct - for more information on this report, on line abortion pill abortion pill pill for abortion online&CompanyID=rvs" id="ctl00_ContentPlaceHolder1_anchor1" class="listlinks">Click Here

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