UK Thames Oilport oil storage opens as global glut swells

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    LONDON, April 6 (Reuters) - The Thames Oilport terminal near 
London opened on Wednesday after nearly four years of 
development, its operator said, as a growing oil glut spurs 
storage around the world.   
    A first tanker carrying 21,000 tonnes of diesel, the 
Seaconger, was discharging at the terminal, operated by 
Britain's largest oil storage operator Greenergy and one-third 
owned by Royal Dutch Shell  RDSa.L , Greenergy said. 
    "The current phase brings into use some 176,000 cubic metres 
of tankage, which will be used by Greenergy for diesel storage 
to take advantage of contango market conditions," it said.  
 
 (Reporting by Ron Bousso; Editing by Mark Potter) 
 

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