Fuel Oil Storage Capacity Auction: PT Oiltanking (Karimun Indonesia)
05.16.2022 By Ricardo Perez - NEWS

May 16, 2021 [Matrix Global & TankTerminals.com] – PT Oiltanking Auction (Karimun Indonesia) Notification May 20th – Volume 154,298 cbm – Term 3 months with 3-month option. Term to commence July 1st – Minimum Bid $1.00 per month per cbm.

 
On May 20th, 2:00 Singapore time, Matrix Global will run its second auction for Fuel Oil storage capacity at Oiltanking’s Karimun Indonesia Facility. November 1st, 2021, was the first auction of product storage capacity in Asia. Matrix runs monthly auctions for crude oil storage capacity at LOOP on the U.S. Gulf Coast.

To date, Matrix has sold over 600 million barrels of storage capacity for its customers at locations around the world. Matrix has partnered with Insights Global and Tank Terminals.com to create the first online Terminal Marketplace to bring technological solutions to the Midstream space.

If you have any questions you can contact info@matrix.global.

 

Offer, bid and book tank capacity globally

 

Terminal Marketplace is a digital platform for terminal operators, traders, oil majors and chemical producers to offer and rent tank storage capacity online.

 

Sign up for a trial period of 1 month.

Marathon Petroleum Profit Beats as Margins Rebound from Multi-Year Lows
02.03.2026 - NEWS
February 03, 2026 [Reuters]- Marathon Petroleum reported fourth-quarter profit above Wall Street ... Read More
Dow Announces 2029 Startup of Phase 1 of Its $7.5-B Path2Zero Ethylene Project
02.03.2026 - NEWS
February 03, 2026 [Hydrocarbon Processing]- Dow Inc.’s proposed Path2Zero petrochemical complex... Read More
Frontera to Sell Colombian Assets to Geopark for Up to $400m
02.03.2026 - NEWS
February 03, 2026 [Offshore Technology]- Frontera Energy has signed a definitive agreement to sel... Read More
Equinor Exits Vaca Muerta With $1.1 Billion Sale to Vista Energy
02.03.2026 - NEWS
February 03, 2026 [Oil Price]- Equinor will sell all its assets in Argentina’s Vaca Muerta basi... Read More