How to Negotiate a Tank Storage Agreement for Petrochemicals
Negotiating a Tank Storage Agreement (TSA) for chemicals or oils requires balancing cost, safety, and flexibility. Whether you’re storing hazardous materials or non-hazardous liquids, this guide provides actionable strategies to secure favorable terms—and how Berg Logistics supports clients in achieving win-win agreements.
Step 1: Research the Market
- Compare pricing models (per-barrel vs. fixed-rate).
- Evaluate providers’ track records in handling chemicals/oils.
Step 2: Define Your Needs
- Volume: Estimate storage capacity required (e.g., 10,000 barrels of crude oil).
- Special Requirements: Specify temperature control, ventilation, or blending services.
Step 3: Prioritize Key Terms
- Liability Caps: Limit financial exposure for spills or contamination.
- Flexibility: Negotiate options to adjust storage volume mid-term.
Step 4: Leverage Berg Logistics’ Expertise
- Pre-Negotiated Templates: Streamline discussions with industry-standard terms.
- Risk Mitigation: Built-in compliance with OSHA and environmental laws.
Case Study: Chemical Storage Success
A pharmaceutical client needed secure storage for volatile solvents. Berg Logistics negotiated a TSA with:
- 24/7 temperature monitoring.
- Liability caps for contamination.
- 15% cost savings via volume discounts.
A well-negotiated TSA protects your assets and budget. Partner with Berg Logistics for agreements that prioritize safety, compliance, and scalability.