The plan sits on top of the ongoing expansion to 380,000 cbm, including two berths to be commissioned on January 2008.
The oil terminal will have a total capacity of 2.7 million cbm, 10-12 berths capable of handling vessels up to 175,000 d.w.t., enabling Vopak Horizon Fujairah to further improve its hub function in the Middle East for black and clean mineral oil products.
Hussain M. Sultan, ENOC's Group Chief Executive, commented, "As the Energy Partner of Choice, we are proud to announce that our valued joint venture partners are continuing their growth, as shown by this significant expansion in Fujairah, now one of the world's main bunker markets."
Walter Moone, Managing Director of Vopak Horizon Fujairah, stated, "This major expansion further strengthens our position as a strategic hub in the Middle East, a very significant region. We are very pleased to continuously experience our customers' trust and the good cooperation with our valued partners and local authorities."
The expansion is planned for the north side of the terminal and its conceptual design has already started.
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Vopak Horizon Fujairah studies oil terminal for expansion
- United Arab Emirates: Saturday, November 24 - 2007 at 11:19
- PRESS RELEASE
The board of directors of Vopak Horizon Fujairah today announced that studies are being made for the expansion of the terminal, with up to 1.2 million cbm and four to six additional berths.
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About Vopak Horizon Fujairah Ltd.Since 11 April 1996 Vopak Horizon Fujairah is a joint venture between the ENOC Group, Koninklijke Vopak NV (Royal Vopak, the Netherlands), the Government of Fujairah, Kuwait's Independent Petroleum Group and the Vitol Group. Vopak Horizon Fujairah operates the first independent onshore oil terminal outside the Arabian Gulf, in the Emirate of Fujairah - one of the world's largest bunkering centres. Vopak Horizon Fujairah, which has been awarded ISO-9002 certification, is designed to handle products including naphtha, gasoline, gas oil, jet fuel, kerosene, condensate, blend components, fuel oil, and crude oil.
The terminal can accept tankers of up to 175,000 d.w.t. Vopak Horizon Fujairah, designed to state-of-the-art specifications, complies with the most stringent safety and environmental standards.
For further information, please contact:
Walter Moone
Managing Director Vopak Horizon Fujairah
Tel. +971 9 228 1800
Tania Harasimiuk / Kim Pinto
ASDA'A Public Relations, Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
Posted by Medilyn Manibo, Assistant News EditorSaturday, November 24 - 2007 at 11:19 UAE local time (GMT+4)
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