UAE based Brooge Petroleum and Gas Investment Co. has started operations at its 600,000 cu m second phase storage facility at the Port of Fujairah. This brings the storage facility to 1,000,000 cu m (6.3 million barrels) which can store fuel oil, clean products and crude. Fujairah is one of the seven emirates in the UAE federation that is located outside the key chokepoint of the Strait of Hormuz and The Port of Fujairah is the world’s third-biggest bunkering hub. It expects its oil storage capacity to triple to 12 million cu m by 2024, with Abu Dhabi National Oil Co. and Ecomar looking to expand their storage facilities and Brooge already working on a third storage facility.
- UAE’s Brooge starts 600,000 cu m fuel oil, crude storage facility at Fujairah