Abu Dhabi National Oil will operate the upcoming Fujairah XVIII liquids storage terminal, located in Al Fujayrah in the UAE. Expected to start operations in 2023, the liquids storage terminal will be owned by Abu Dhabi National Oil.
Expected to be operational in 2023, the terminal will primarily store crude oil and will have pipeline and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 4,20,00,000
Tank Size Min (bbl): 1,40,00,000
Tank Size Max (bbl): 1,40,00,000
Number of Tanks: 3
During the period 2021-2025, the Fujairah XVIII storage terminal is expected to witness an estimated capex of $544.5m.
Contractors involved in the Fujairah XVIII liquid storage terminal
Some of the key contractors for the Fujairah XVIII storage terminal include the following.
Main EPC: SK.
About Abu Dhabi National Oil
Abu Dhabi National Oil Co (ADNOC) is an integrated national oil and gas group. It operates across the entire hydrocarbon value chain, ranging from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products. The company product portfolio includes crude oil and condensates, petroleum products, gas and Sulphur, ADNOC is controlled and supervised by The Supreme Petroleum Council (SPC). The company also manufactures urea, nitrogen and liquid oxygen. It also provides sour gas, liquefied natural gas (LNG) and polyolefins. Its oil, gas, refined products and petrochemicals are marketed in six continents. ADNOC is headquartered in Abu Dhabi, the UAE.
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.