The demand for oil and gas in future will be high from Eastern countries such as China, India, and those in the Middle East. It is expected that China's demand for oil will grow at a rate of 6% till 2035. Demand from India and the Middle East will follow with demand rates of around 4% and 3%, respectively. This is owing to high GDP growth rate and population increase. Therefore, vendors should focus their long-term projects on these regions. Demand from Western countries such as those in the Americas and Western Europe will decrease owing to saturated market conditions and the presence of alternate fuel such as shale gas and electricity.Delay in oil and gas pipeline projects will be an advantage for the oil and gas storage service market. The oil and gas pipeline industry is expected to grow at a

slow rate until 2018 and will resume growth rate by the end of the forecast period.Because of this delay, demand for storage terminals will increase, thus resulting in high occupancy rates. The occupancy rate of oil and gas storage terminals is expected to be above 90% till 2018.The industry will face certain challenges because of increasing competition in the market and difficulties associated with finding strategic locations for oil and gas terminals. Oil and gas terminals need to be built at strategic locations depending on future exploration projects, geopolitical factors, and transportation routes. The scope for large profit margins and the demand for energy are attracting new vendors in this industry.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 8

Market overview 8

PART 03: Market research methodology 10

Research methodology 10

Economic indicators 10

PART 04: Introduction 11

Key market highlights 11

PART 05: Market landscape 15

Market size and forecast 15

Five forces analysis 19

PART 06: Market segmentation by service type 20

Global oil and gas storage services market by service

type 20

Storage services 21

Ancillary services 23

Other services 24

PART 07: Geographical segmentation 26

Global oil and gas storage service market by

geography 26

Oil and gas storage market in Americas 27

Oil and gas storage market in EMEA 29

Oil and gas storage market in APAC 31

PART 08: Market drivers 34

Geographical diversification of crude oil markets 34

Delay in oil and gas pipeline projects 35

High demand for oil and oil products 36

PART 09: Impact of drivers 42

PART 10: Market challenges 43

Investment justification in era of uncertain oil prices 43

High injury rates and vulnerability to natural

phenomena 46

High operational cost and strategic locations for oil

terminals 47

PART 11: Impact of drivers and challenges 48

PART 12: Market trends 49

Increased encounters of hostile operational conditions 49

Shift toward independent oil and gas storage service

companies 50

Demand and supply moving from west to east 51

PART 13: Vendor landscape 54

Competitive scenario 54

Royal Vopak 55

Oiltanking 57

Magellan Midstream Partners 59

Buckeye Partners 60

Vitol Group 60

Other prominent vendors 62

PART 14: Appendix 66

List of abbreviations 66

PART 15: Explore Technavio 67