Brooge Petroleum and Gas Investment Company (BPGIC) has started work on the second phase of its Fujairah terminal with an extra 601,600 m3 of storage capacity.
Local media reports that at a ribbon cutting ceremony to mark the phase II expansion, OPEC secretary-general Mohammed Barkindo said: ‘This ceremony marks a momentous occasion in the exciting storage of BGPIC, as well as the Emirate of Fujairah, which is playing an increasingly vital role in global energy trade.
‘This world-class facility will help to bolster the oil and gas industry’s presence in the emirate and is meeting a growing demand for storage capabilities in this dynamic and exciting market.’
The expansion will bring total storage capacity at the facility to 1.2 million m3. These tanks are mainly designed for storing crude oil as well as flexibly storing black products. This phase will also comprise building a new pump manifold with high flow rate pumps meeting FOTT VLCC requirements and additional jetty lines. It is expected to be complete by the fourth quarter of 2019.