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.
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