Gulf Petrochem’s Fujairah oil terminal starts operationsGulf Petrochem’s Fujairah oil terminal starts operations

The new 112,233 sq m storage terminal is equipped with state-of-the-art technology and highly automated systems, The terminal includes up to 73,269 sq m of expansion capability. This facility adds to Gulf Petrochem’s growing global portfolio; it already operates a 60,000 cu m facility in Hamriyah Free Zone, Sharjah, capable of storing various grades of oils, and owns three vessels with a combined capacity of 17,000 cu m to service bulk shipments.

Government of Fujairah-owned Fujairah Petroleum Company holds a 12% stake in the storage terminal.

His Highness Shaikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, inaugurated the facility. “The presence of Shaikh Hamad bin Mohammed Al Sharqi reaffirms the importance of this project as an integral element in the economic development agenda of the emirate, and we are grateful for the support,” Sanjeev Sisaudia, group ceo of Gulf Petrochem, said.

Gulf Petrochem is headquartered in Hamriyah, Sharjah, UAE, and since inception in 1988 has grown into a $500m company, with diverse interests in the oil sector, including shipping and logistics, oil trading and bunkering, oil refining and oil storage terminals.