State-owned China National Petroleum Corporation (CNPC) plans to establish a logistics centre in Dubai’s Jebel Ali Freezone to support its operations across the Middle East and North Africa.
The planned 200,000-square-metre centre would provide production lines and storage for engineering equipment as well as operational support, particularly in cases of emergency, according to a report in the state-owned China Daily newspaper.
“We have to learn lessons and the Dubai project is among a number of solutions designed to make us more nimble and flexible when pulling out from turbulent regions,” says an unnamed CNPC official.
No timeline was given for the project’s development.
CNPC and its subsidiaries have several operations across the region, including the joint development of the Rumaila, Al-Ahdab and Halfaya oil fields in Iraq. In Iran, Chinese firms are working at the Masjed-e Solaiman, Yadavaran and Azadegan oil fields, as well as phases of the South Pars gas field. It also operates Oman’s Block 5 concession.