Industrial Storage Tank for Gas concentrate

Lot No. 304
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Lot No. 304

Industrial Storage Tank for Gas concentrate

The T-5501 Natural Gas Condensate Storage Tank is a large-capacity industrial tank engineered for the safe collection and buffering of hydrocarbon condensate from gas processing and compressor facilities. This heavy-duty vertical tank is built for long-term outdoor operation and features a robust steel shell, top-mounted access structures, integrated safety systems, and multiple process connections.
The tank is installed within a full concrete bund system providing environmental containment. Surrounding the tank is the condensate handling and pump area, which includes transfer pumps, piping manifolds, control valves, and instrumentation—enabling safe loading/unloading to downstream processing or export lines.
Key features visible include:
  • Large vertical cylindrical steel tank with insulation (or coating remnants)
  • Multiple access platforms, ladders, and roof equipment
  • NFPA hazard signage for hydrocarbon condensate (UN 1268)
  • Process pump skid with electric motor-driven pump system
  • Stainless-steel piping manifolds
  • Instrumentation junction boxes and cabling trays
  • Perimeter bund wall for spill containment
This asset is ideal for facilities handling hydrocarbon liquids, gas condensate, or similar petroleum fractions. The tank remains suitable for reuse in liquid storage, buffer service, or conversion for other industrial fluids.

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Sale Specific Terms

These terms are the sale specific terms as mentioned in article 1.1.18 of the terms and conditions below. This sale is a private treaty sale, as described in article 1.1.14 of the terms and conditions below. When a bid is accepted, a sales agreement will be made to be signed by the buyer and the seller. In the sales agreement, the buyer and seller will state the terms for payment and removal, that may deviate from the terms and conditions below.

Terms and conditions

The following terms and conditions ("terms") are the terms on which hilco industrial acquisitions bv (“hilco”), at jan van goyenkade 10-2, 1075 hp amsterdam, the netherlands, registered under the following number 60720700 at the chamber of commerce in amsterdam, sells equipment (defined below) at auctions (defined below) or by means of private treaty sales (defined below) and supersedes all other terms and conditions relating to the subject matter of these terms. These terms are the terms subject to which hilco shall, either on its own behalf or as agent for the vendor (defined below), sell equipment to a buyer (defined below) by way of auction or private treaty sale.

The buyer's attention is in particular drawn to the provisions of clause 8 and the buyer should note that:

All equipment is sold 'as is, where is' (with all faults, imperfections and defects) No guarantees and/or warranties are provided by hilco in respect of any equipment. It is the buyer's responsibility to inspect equipment prior to bidding on such equipment or making an offer in respect of such equipment. All sales are final – no exceptions. Sales may be subject to a buyer's premium (defined below), the rate of which will vary from sale to sale. All auctions (defined below) are subject to the conditions, valid in the country, where the auction takes place.

DEFINITIONS AND INTERPRETATION

The following words and phrases used in these Terms shall have the following meanings, except where the context clearly requires otherwise: "Advertising Material" means brochures, pamphlets, advertisements and any other marketing material (in both electronic and printed format) used by HILCO to market and promote the Auctions and/or any Private Treaty Sale;

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