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BUILDING RESILIENCE INVESTMENT • OIKOS STORAGE HAS COMPLETED A COMPLEX PROJECT TO HELP FUTURE-PROOF FUEL SUPPLIES TO CUSTOMERS IN SOUTH-EAST ENGLAND IN A CHANGING MARKET RESILIENCE IN CRITICAL national infrastructure in its widest sense must be a focus of the next economic chapter in the UK, following the disruption caused by the Covid-19 pandemic as well as the uncertainty surrounding Brexit. This focus is all too often on downstream and upstream fuel resilience and innovation, overlooking the crucial role that the independent bulk liquids storage terminal sector plays. Oikos Storage, which occupies a 70-acre (28-ha) site on Canvey Island in Essex, with strategic access to the River Thames, is taking on this challenge through significant
across south-east England, including the airports at Heathrow, Gatwick, Stansted and Luton. ‘Project Premo’, an additional third loading bay for diesel, is close to completion and, Oikos says, will provide a filip for a sector that has been going through an uncertain few months. At the same time, the company – now under the ownership of Aberdeen Standard Investments as part of its diverse range of energy interests – has recently re-commissioned the Oikos feeder line that connects the terminal to the national CLH pipeline network and the CLH Thames B
investment in its infrastructure to be able to continue to supply road and aviation fuels
pump station.
NEW LOADING RACKS AT THE CANVEY TERMINAL HAVE IMPROVED FUEL SUPPLY FLEXIBILITY
HCB MONTHLY | JULY 2020
CREATING OPTIONS Tony Woodward, Oikos’ general manager, explains the rationale for the project: “Resilience for us is about creating options and spreading risk as we are a 24/7, 365 days
a year operation. Customer demand is rapidly changing and the storage sector, as a piece of critical national infrastructure, has to be at the vanguard of those reforms. We are seeing a new focus on a wider range of diesel grades with customers rightly wanting them delivered in a faster, more flexible and agile way. To have been able as a business to deliver this on time and on budget, and to the highest, independently attested safety and security standards, has been very satisfying.” It is the evolving diesel market, resulting from changing consumer demand, that has spurred the inclusion of additive injection at the new state-of-the-art loading facility next to the existing loading bays. Customers who were previously reliant on pipeline deliveries will now be able to load a truck at 2,250 litres a minute with a gate-to-gate turnaround time of around 20 minutes, using new road loading arms, Accuload equipment to measure volumes and Fuel-Facs dedicated software and Distributive Control Systems to manage loading, and produce HMRC-complaint paperwork. This builds on recent upgrading of existing storage facilities, a focus on new interconnectivity between different parts of the site and a deep-water jetty extension to cater for LR2 vessels of up to 120,000 dwt. Based on the two new additive tanks and using a best-in-class additivation rack system
