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Report: Global oil storage capacity to grow at 5.7%, undeterred by project cancellations

2016-06-17 01:00:00| Hydrocarbons Technology

The global oil storage capacity is projected to grow to 5,600 million metric barrels (mmbbl) by 2020 from 5,296.9mmbbl in 2016, unaffected by the shelving of six oil storage projects, states a report by GlobalData.

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