(EnergyAsia, February 23 2011, Wednesday) — Thai state-owned PTT Plc expects to increase its floating oil storage capacity to around five million barrels once it completes talks to lease another Very Large Crude Carrier (VLCC) from Hong Kong-based Titan Petrochemicals.PTT plans to sublease half the supertanker to Geneva-based Socar Trading, which is looking to store…
THAILAND: PTT to expand use of tankers to store crude oil
Posted on February 23, 2011 by EnergyAsia