- Vapour Recovery
Collecting and condensing petroleum product vapours being loaded and unloaded at terminals, refineries and petrol stations. The vapours are then condensed to a liquid thereby significantly reducing air pollution.
- Vessel
A ship used to transport crude oil, petroleum products, or natural gas products. Vessel categories are as follows: Ultra Large Crude Carrier (ULCC), Very Large Crude Carrier (VLCC), Other Tanker, and Specialty Ship (LPG/LNG).
- Vessel bunkering
Includes sales for the fueling of commercial or private boats, such as pleasure craft, fishing boats, tugboats, and ocean-going vessels, including vessels operated by oil companies. Excluded are volumes sold to the U.S. Armed Forces.
- Viscosity
The ability of a liquid to flow. The higher the viscosity, the slower the liquid flows.
- VLCC
Very Large Crude Carrier. Oil tanker of over 200000 tonnes or which can carry over 1.5 mn barrels of crude.
- VOCs
Stands for Volatile Organic Compounds. Carbon containing compounds that evaporate into the air. VOCs are a major component of air pollution, and are beginning to receive public attention as more and more products labeled "Low VOCs" hit the market.
|