Definition of Bulk terminal

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TeachMeFinance.com - explain Bulk terminal



Bulk terminal

The term 'Bulk terminal' as it applies to the area of energy can be defined as ' A facility used primarily for the storage and/or marketing of petroleum products, which has a total bulk storage capacity of 50,000 barrels or more and/or receives petroleum products by tanker, barge, or pipeline'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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