Oiltanking invites bids for Jebel Ali tank expansion

14 July 2008

Germany’s Oiltanking has invited international contractors to submit bids by 5 August for a contract to expand its petroleum products storage terminal at Jebel Ali in Dubai.

Five companies are understood to have been prequalified to bid for the estimated $30-35m engineering, procurement and construction contract, which covers the construction of 140,000 cubic metres of new storage capacity.

The invited firms are CB&I of the US; Punj Lloyd, Larsen & Toubro and Indian Oiltanking, all of India; and Saudi Arabian Bemco.

Oiltanking’s existing storage capacity is more than 740,000 cubic metres or 4.65 million barrels. It stores a range of petroleum products and chemicals.

The firm, in a joint venture with Dubai Multi Commodities Center Authority (DMCC) and Tropicana Trading DMCC, is also planning to develop a new, 500,000 cubic metre storage terminal at Dubai’s Technopark Freezone. Tenders for the project will be issued to bid later in the year (MEED 26:3:08).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications