
Mabanaft converting tanks to methanol storage
Energy company Mabanaft says that it plans to convert four of its tanks at the Blumensand tank terminal in the Port of Hamburg over the next two years. The company’s aim is to facilitate the import of low-carbon methanol to northern Germany. Mabanaft expects demand for low carbon methanol to grow in future, both in the shipping and other transport sectors, as well as in the chemical industry.