State-owned group adds 240,000 cubic metres to UAE storage capacity
Dubai-based Horizon Terminals has opened a new oil distribution terminal in Fujairah, eastern UAE, with a capacity of 240,000 cubic metres.
The $100m terminal, which is directly linked to oil tanker births in the Port of Fujairah, is the companys second in Fujairah and sixth in the UAE.
The project includes 10 bays of tanker truck loading racks, associated facilities, an advanced maintenance workshop, and marine receipt and loading pump house.
It is equipped to store bulk liquid oil products such as fuel oil, naphtha, gasoline, jet fuel and liquefied petroleum gas (LPG).
Horizon Terminals, a fully-owned subsidiary of Emirates National Oil Company (Enoc), is also building a 141,000-cubic-metre terminal in Jebel Ali, Dubai, to meet jet fuel demand. The project was expected to be commissioned by the end of 2013, but Horizon Terminals says it is being developed.