Energy, Oil & Gas Magazine Issue 221 July 2024 | Page 61

________________________________________________________________ Intercontinental
Terminals Company
also have expansion capacity to build new tanks for these sustainable fuels .
“ We ’ re currently constructing eight new tanks at Pasadena , which will increase the site ’ s storage capacity to over eight million barrels . We can expand our Deer Park terminal by approximately two million barrels , and our Pasadena site by an additional four million barrels . We ’ re planning to start construction of a new 1.5-million-barrel tank farm at Deer Park later this year . At ITC Rubis , a new tank pit is in construction and will come into service in 2025 . We have capability and plans to build two additional tank pits in the future at ITC Rubis . In addition , ITC continues looking into acquisitions as well as greenfield and brownfield opportunities in the Gulf Coast region and across Europe .
“ After building several new tanks , we ’ re confident in our ability to undertake further expansion projects . Although the storage
requirements vary based on the product being stored , most of our products are stored in internal floating roof tanks . Some products need specialty designs , so we can also build non-floating roof , low pressure , and highpressure storage tanks . Older tanks can also be converted from gasoline storage to petrochemical or lubricant storage as and when needed .”
Enhancing efficiency
ITC prides itself on delivering the best possible service . “ The entire company is focused on customer service , and our wonderful employees truly embrace
customer care ,” Brent elaborates . “ We lease storage tanks to customers , providing all modes of transportation for the products : vessel , barge , rail car , tank truck , and pipeline system connections . We also offer pipeline connectivity , marine services , and land traffic
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