Tank Storage Association: Annual Review Of The Bulk Storage And Energy Infrastructure Sector

The Tank Storage Association's Peter Davidson shares his insights into the UK's bulk storage sector The bulk storage and energy infrastructure sector plays a vital role in providing products and services that are critical to UK consumers. Tank storage infrastructure is an integral part of a complex web of global activities and supply chains including the extraction of raw materials and the production, refining, trade, investment and consumption of a diverse range of essential products for the energy, manufacturing, food, agriculture, and transport sectors. Terminals and tank farms also provide greater resilience within the supply chain by ensuring flexibility to meet demand, particularly in periods where domestic supplies of stored products cannot be guaranteed. Around 22 of the terminals operated by Tank Storage Association (TSA) members in the UK are designated by the government as Critical National Infrastructure (CNI) due to their importance in providing energy to industrial, transport and defence markets. Storage capacity also includes strategic reserves held for emergencies and supply disruptions. [caption id="attachment_41853" align="alignleft" width="300"] Peter...