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Date: 12-13 December 2005
Venue: White Swan Hotel, Guangzhou, China

The accelerated growth in global oil demand over the last few years, high freight rates and rising volume of oil and petroleum transported by tankers, have fueled the growth of the oil and petrochemicals storage sector. High oil price coupled with the robust inter-regional oil trade are sparking off more investments in China's oil storage sector as well as other parts of Asia like Singapore.

For instance, Sinopec Corp. is building a 300,000-ton oil terminal and 21.4 million barrels of crude storages in East China to handle surging oil imports. Cashing in on Asia's growing need for foreign fuel as demand soars, oil companies will spend almost $1 billion to nearly double oil storage capacity in Singapore by 2008.

The conference will offer a forum for industry players to discuss issues driving the developments in trading, import/export, refining and logistics/transportation, which in turn leads to the development of storage & terminals service.

Featuring a line-up of speakers from Sinopec, Unipec, ChevronTexaco, Indian Oil Corporation, Shanghai Chemical Industry Park, Reliance Industries and others to talk on the following topics :

Demand & Supply and Trade of Oil and Petrochemicals in China

Trading of Oil and Petrochemicals in China

Tendency and Future Development of Oil & Petrochemicals in China

Development of LNG projects/terminals in China

Recent Development on Oil Storage/Terminals in China''s Coastal Areas

Case Study on correction of tilt of a large floating roof crude oil storage tank caused by excessive differential settlement

Operations & Safety Management System for Efficient Terminalling Operations

Supply Chain Optimization & Demand Forecasting

Financing Capital Intensive Storage Tanks Projects

Tank Technology (fluid bulk terminals, tank design, tank repairs and overhaul)

Project Management, Engineering, Procurement. Construction, Integration and Commissioning

www.ibc-asia.com/Storage Terminals/StorageTerminalsIntro.htm

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