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MEED | UAE firm wins $241m Fujairah storage contract

The project owner, Ecomar, intends to build a liquids storage terminal in the UAE emirate, with the EPCC works to be executed in three phases

Fujairah to get fourth refinery in 2021

Fujairah to get fourth refinery in 2021 LONDON, December 24, 2020 Fujairah s fourth refinery should come online in 2021 as Brooge Energy expects its 25,000 barrels per day (b/d) refinery producing low sulfur fuel oil to be launched in the second half of the year, said S&P Global Platts. The port s third refinery was started in April 2020, a 15,000 b/d plant owned by Ecomar Energy Solutions. Its capacity has since been expanded to 20,000 b/d, with plans to hit 60,000 b/d by 2023. We see the future as looking pretty good, Ecomar s trading director Leigh Shaddick said in an interview. We are able to be nimbler than the big oil companies. The UAE has done a fantastic job managing Covid-19. The Port of Fujairah has done a great job. The infrastructure is there and there have been no delays in vessels coming in or leaving the port.

REFINERY NEWS ROUNDUP\: Fujairah to get fourth refinery in 2021 | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP\: Fujairah to get fourth refinery in 2021 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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