Traversing historical times these days, the EU’s petrochemical sector is at a crossroads. The challenges within the industry have never been as significant as today. This is caused not only by the global geopolitical shocks and the damage caused by the coronavirus pandemic, but also by the ambitions of the major economies to transform their industry and make it climate neutral.
These and other assessments of the current processes could be heard in late March 2022 in Amsterdam, Netherlands, at the S&P Global Platts European Oil & Energy Storage Conference, which was attended by the SABER EVNAT delegation.
The European Oil & Energy Storage Conference brings together the region’s top storage service providers and terminal operators, international oil companies, analysts, banks and regulatory authorities to look into the challenges, opportunities and prospects for the development of oil and energy storage.
Forum participants from companies such as Exolum, Zenith Terminals, Alkion Terminals, Channoil, Navigator Terminals, Vopak, Rubis Terminal, EVOS and many others discussed the fundamental role of the storage industry in the transformation of the entire European energy system.
How has the industry changed since the pandemic began? How does the Russia/Ukraine crisis affect the European storage market? Changing role of regional terminals in the energy transition context; prospects for European biofuels markets; storage of new fuels and new products; how realistic and sustainable are the governments’ green initiatives? These and other matters were raised by the participants in the discussions during the two-day conference.
The SABER EVNAT representatives presented their own innovative solution and technology to the conference participants. The EVNAT jet mixing device (JMD) boosts efficiency in the production, transhipment, and storage of liquid bulk cargoes. In particular, the prevention of product segregation and sediments attracted the attention of delegates.