Demand Drives Terminal Expansions in South Asia

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Researched by Industrial Info Resources (Sugar Land, Texas)--With demand increasing year-over-year for refined products and liquefied petroleum gas (LPG) in South Asia, multiple projects are being realized across the region.

Industrial Info is tracking 120 capital-spending projects for South Asia's Terminals Industry, totaling nearly US$13 billion in investment value. India leads the region with 99 projects. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for a list.

Click on the image at right for a map of active termial projects across South Asia, from Industrial Info's Geolocator tool.

Examples include Indian Strategic Petroleum Reserves Limited's proposed crude oil storage cavern in Rajkot, India, which would have a total storage capacity of 19.6 million barrels. Subscribers can learn more from Industrial Info's project report.

More than US$6.5 billion of the spending is related to liquefied natural gas (LNG) projects, while nearly US$1.5 billion is attributed to LPG projects.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.