Fujairah's $100mn oil terminal inaugurated
Wednesday, 26 February 2014 | His Highness Sheikh Hamad Bin Mohammed Al Sharqi, Member of Supreme Council and Ruler of Fujairah, has opened the $100mn Horizon Fujairah Distribution Terminal. The new oil terminal, built by Horizon Terminals Limited (HTL), a subsidiary of Emirates National Oil Company (ENOC), has a storage capacity of over 240,000m3 and is directly linked to the oil tanker berths in the Port of Fujairah. Commencing its soft operations in 2013, the oil terminal is the 11th in the portfolio of HTL, and has 10 bays of tanker truck loading racks, associated facilities, an advanced maintenance workshop, and marine receipt and loading pump house. It is fully equipped to meet the growing demand for storing bulk liquid oil products such as fuel oil, naphtha, gasoline, gas oil, jet fuel and LPG, among others.
(9 days ago, by arnekiel
United Arab Emirates
N 25° 11' E 056° 22'