Vopak Horizon Fujairah has commissioned the 7th phase of its expansion plan, known as ‘Project Black Pearl’. This has added 478,000 cu m of crude oil storage capacity, thus increasing the facility's total capacity to 2.6 mill cu m. The new capacity is claimed to be the first crude oil facility in the Middle East meant for independent storage purposes complete with a VLCC jetty and open access.
Its open access means the availability of capacity for all parties that need to store crude oil.
The expansion features five storage tanks, one manifold and a pipeline connection to the VLCC jetty, as well as to other jetties at Fujairah. The crude oil handled in the new tanks will be loaded and discharged via the jetties. Fujairah opened a new VLCC jetty in September, 2016.
HE Saif Humaid Al Falasi, Group CEO, ENOC, said: "The latest expansion of Vopak Horizon Fujairah strengthens the emirate as one of the world's leading hubs for crude oil and oil products. I especially thank the Government of Fujairah for their continued and ongoing support to the venture.
“Our continuous partnership with the Government reflects our national prerogative to champion the cause of the country's potential and its culture of innovation and entrepreneurship, which enhances the Emirate's status as a premier hub for imports and exports.
"Fujairah will further boost its influence as an oil-trading hub with the addition of the region's first crude-shipment jetty and expanded storage facilities. Vopak Horizon Fujairah will be an integral part of that growth over the next few years," he added.
Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak, commented: "We congratulate the team of Vopak Horizon Fujairah, our strategic partners and the Port of Fujairah, for successfully and safely completing this major expansion project. Another safety milestone to be proud of.
“We are very excited that, with this open access crude oil capacity, we are together laying the foundation for Fujairah to also become a trading hub for crude oil in the important Gulf region," he said.
Elsewhere in Antwerp, SEA-Invest is to build a new tanker terminal in the Delwaide dock representing an investment of €250 mill.
In the Hansa dock, SEA-Invest subsidiary SEA-Tank Terminal plans to build additional tank capacity for Total on the concession it acquired from the IMT container terminal, representing an investment of €100 mill.
The additional Total tank capacity will total 160,000 cu m, with room for further expansion. The new capacity will act as an extension of the neighbouring SEA-Tank Terminal facility.
The existing terminal became operational in 2010 and was expanded by 340,000 cu m in 2013 to 860,000 cu m.
Antwerp Port Authority CEO, Eddy Bruyninckx, said. “The waterfront sites have been reserved for candidates that will generate large freight volumes and so make maximum use of the available maritime infrastructure. As for the non-waterfront sites, we have opted for candidates that will help to further develop the chemical and petrochemical cluster.”
Vopak Horizon Fujairah has commissioned the 7th phase of its expansion plan, known as ‘Project Black Pearl’.
This has added 478,000 cu m of crude oil storage capacity, thus increasing the facility's total capacity to 2.6 mill cu m.
The new capacity is claimed to be the first crude oil facility in the Middle East meant for independent storage purposes complete with a VLCC jetty and open access.
Its open access means the availability of capacity for all parties that need to store crude oil.
The expansion features five storage tanks, one manifold and a pipeline connection to the VLCC jetty, as well as to other jetties at Fujairah. The crude oil handled in the new tanks will be loaded and discharged via the jetties. Fujairah opened a new VLCC jetty in September, 2016.
HE Saif Humaid Al Falasi, Group CEO, ENOC, said: "The latest expansion of Vopak Horizon Fujairah strengthens the emirate as one of the world's leading hubs for crude oil and oil products. I especially thank the Government of Fujairah for their continued and ongoing support to the venture.
“Our continuous partnership with the Government reflects our national prerogative to champion the cause of the country's potential and its culture of innovation and entrepreneurship, which enhances the Emirate's status as a premier hub for imports and exports.
"Fujairah will further boost its influence as an oil-trading hub with the addition of the region's first crude-shipment jetty and expanded storage facilities. Vopak Horizon Fujairah will be an integral part of that growth over the next few years," he added.
Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak, commented: "We congratulate the team of Vopak Horizon Fujairah, our strategic partners and the Port of Fujairah, for successfully and safely completing this major expansion project. Another safety milestone to be proud of.
“We are very excited that, with this open access crude oil capacity, we are together laying the foundation for Fujairah to also become a trading hub for crude oil in the important Gulf region," he said.
Elsewhere in Antwerp, SEA-Invest is to build a new tanker terminal in the Delwaide dock representing an investment of €250 mill.
In the Hansa dock, SEA-Invest subsidiary SEA-Tank Terminal plans to build additional tank capacity for Total on the concession it acquired from the IMT container terminal, representing an investment of €100 mill.
The additional Total tank capacity will total 160,000 cu m, with room for further expansion. The new capacity will act as an extension of the neighbouring SEA-Tank Terminal facility.
The existing terminal became operational in 2010 and was expanded by 340,000 cu m in 2013 to 860,000 cu m.
Antwerp Port Authority CEO, Eddy Bruyninckx, said. “The waterfront sites have been reserved for candidates that will generate large freight volumes and so make maximum use of the available maritime infrastructure. As for the non-waterfront sites, we have opted for candidates that will help to further develop the chemical and petrochemical cluster.”
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