Storage Outlook 2026: Evos

Juliana Manolova, chief commercial officer at Evos, looks at what’s in store for 2026 in the tank storage industry  Evos operates a network of eight tank storage terminals strategically located across six major ports in five European countries. This footprint puts us right at the heart of our customers’ supply chains where the storage is essential for energy security and economic stability across the continent. As is the case elsewhere in the world, European storage demand is mainly driven by market imbalances: gaps between the supply and demand for energy products in specific regions. Such gaps create trading opportunities based on which supply chains are formed, with the storage function as an integral part thereof. In the past couple of years, we have seen many changes in the energy market, which have had a significant impact on storage demand and requirements. Increased energy and labour costs in Europe, combined with stricter environmental regulations and permitting processes, have resulted in an increasing number of petrochemical plant closures and refining capacity reduction in Europe and the UK, leading to a shift in product demand. Established...