Abstract: A volatile liquid storage facility having an inner tank containing a fuel storage chamber for retaining volatile fuel. An outer tank is formed surrounding and arranged concentric with the inner storage tank. The inner and outer tanks are spaced apart from one another by a predefined spacing which is filled with a fire retardant insulative material. The insulative material resists transfer of thermal energy between the inner and outer tanks. A vent is provided in communicating relation with the fuel chamber and projected outward therefrom. The vent passes through the insulative layer and through the outer tank to allow vapor to escape from the fuel chamber when a pressure therein exceeds a desired threshold level. An insulative shell is mounted to the exterior of the outer tank to enclose the vent in order to substantially isolate the vent from external environmental heat.