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Disadvantages of aboveground oil tanks
Large footprint, Heavy oil loss through evaporation, High risk of fire.
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Advantages of aboveground tanks
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Large footprint: above ground tanks require a large amount of space, which is especially a problem in cities.
Heavy oil loss through evaporation: Due to exposure to air, oil evaporates more from aboveground tanks, leading to economic losses.
High risk of fire: Above-ground tanks are susceptible to external factors, such as wind blowing away the oil, increasing the risk of fire and explosion.
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