INDUSTRY BRIEFS

TERMINALS STE. NATIONALE ELF AQUITAINE in partnership with port authority of Saint-Nazaire, Brittany, is conducting a 60 million franc ($10.5 million) feasibility study for a 140,000 b/d tanker terminal off Le Croisic that can accommodate very large crude carriers (VLCCs). Currently, tankers larger than 140,000 dwt must be lightered to deliver light crudes to Elf's Donges refinery on the Loire estuary. That step adds 20 francs/ton to Donges'