Earth Wealth Energy DMCC will operate the upcoming Fujairah XVII liquids storage terminal, located in Al Fujayrah in the UAE. Expected to start operations in 2023, the liquids storage terminal will be owned by Earth Wealth Energy DMCC.
Expected to be operational in 2023, the terminal will primarily store petroleum products and will have sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 34,59,390
Tank Size Min (bbl): 1,57,245
Tank Size Max (bbl): 1,57,245
Number of Tanks: 22
During the period 2021-2025, the Fujairah XVII storage terminal is expected to witness an estimated capex of $235m.
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.