Yemen Company for Investment in Oil & Minerals operates the Balhaf liquids storage terminal, which is located in Shabwah in Yemen. This liquids storage terminal became operational in 1990 and is owned by Yemen Company for Investment in Oil & Minerals.
The terminal, which is accessible by sea, primarily stores crude oil.
Key specifications of the storage terminal
Storage Capacity (bbl): 6,25,000
Tank Size Min (bbl): 1,25,800
Tank Size Max (bbl): 1,25,800
Number of Tanks: 5
About Yemen Company for Investment in Oil & Minerals
Yemen Company for Investment in Oil & Minerals (YICOM) is an oil and gas exploration and production company that explores and produces crude oil and natural gas. The company develops projects in the areas of investment in new exploration areas, drilling and drilling materials, workover and well completion, maintenance of facilities, well testing, seismic, and geological and geophysical studies. Its activities include exploiting block-5 and block-4 with other oil companies, carrying out operation assignment in block-4, preparing and executing training programs, and promoting new co-ventures in the exploration area. The company has operations throughout Yemen. YICOM is headquartered in Sana’a, Yemen.
Methodology
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
