Oiltanking plans to expandHouston storage capacity

摘要

London—Oiltanking Partners plans to addabout 3.2 million barrels of crude oil storagecapacity at its Houston terminal at a cost of$104 million, the company said April 16.The expansion project involves buying 95acres of land, and would allow the companyto expand capacity by a further 3 million bar-rels in the future, Houston-based Oiltankingsaid in a statement.