IL&FS Prime Terminals FZC operates the Fujairah IX liquids storage terminal, which is located in Al Fujayrah in the UAE. This liquids storage terminal became operational in 2015 and is owned by IFM Investors, Vitol Holding II, Government of Fujairah, and Abu Dhabi National Oil.
The terminal, which is accessible by pipeline, road, and sea, primarily stores chemicals and petroleum products.
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Key specifications of the storage terminal
Storage Capacity (bbl): 20,97,547
Tank Size Min (bbl): 40,015
Tank Size Max (bbl): 2,50,088
Number of Tanks: 14
Fujairah IX storage terminal is undergoing an expansion, which will increase its storage capacity by 27,67,512bbl.
During the period 2021-2025, the Fujairah IX storage terminal is expected to witness an estimated capex of $34.37m.
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.
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