Kuwait Petroleum Europe Storage B.V.
KPE Storage

Tank Storage Agreement (TSA)

Standardized commercial frameworks, compliance criteria, and execution terms for terminal storage capacity.

CONTRACTUAL FRAMEWORK

Securing Storage Capacity with KPE Storage

A Tank Storage Agreement (TSA) is the legally binding instrument between KPE Storage and the client, setting forth lease parameters, custody transfer protocols, throughput commitments, product inspection criteria, and demurrage schedules.

Due Diligence

KYC and financial verification ensuring compliance with international trade sanctions and regulations.

Quality Guarantee

Independent inspection by accredited surveyors (SGS, Saybolt, Intertek) prior to and upon redelivery.

Rapid Execution

Standardized contracts allowing terminal allocation and tank injection clearance within 48 to 72 hours.

Key Clauses in our Storage Agreements:

Dedicated Tank Allocation: Specific tank identifiers with certified calibration tables provided upon signing.
Injection & Withdrawal Rights: Guaranteed minimum pumping velocities and flexible multi-modal discharge.
Insurance & Liability: Comprehensive terminal operator insurance covering loss, contamination, or force majeure events.
Tank Storage Receipt (TSR): Issuance of negotiable or non-negotiable warehouse receipts for trade financing and collateral backing.

Request a Sample Tank Storage Agreement

Submit your company credentials and intended cargo volume to receive our standard TSA draft.

Request TSA Form