Gulf Oil and Gas accountACCOUNT

Chemoil to Complete Fujairah Expansion by Q3 2012

Source: Reuters 6/13/2011, Location: Middle East

Share |
Global marine fuel supplier Chemoil Energy Ltd. expects to complete the seven-fold expansion of its Fujairah storage terminal by the third quarter of next year, the company's chief executive said. The joint venture storage terminal with Gulf Petrol Supplies LLC at the United Arab Emirates port of Fujairah will grow to 675,000 cubic meters from 90,000 cubic meters, Thomas Reilly said at the Reuters Global Energy and Climate Summit.

"It is a large project and it is on target," he said.

Chemoil is targeting to increase bunker volume sales in 2011 to 23-24 million tonnes from around 15.5 million tonnes a year earlier.

Tankers News in United Arab Emirates >>

United Arab Emirates >>  12/7/2016 - The 2017 edition of Abu Dhabi Sustainability Week (ADSW) is on track to be the most important in the event’s history for driving commercially focused ...
Oman >>  12/4/2016 - Non-OPEC oil supply from the Middle East is estimated to increase by 10 tb/d in 2016 to average 1.28 mb/d. A decline of 20 tb/d to average 1.26 mb/d i...

Qatar >>  12/1/2016 - Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from STASCo (Shell Trading and Shipping Company Ltd.) with ...
Saudi Arabia >>  12/1/2016 - In Saudi Arabia, consumer price inflation posted 3.0% y-o-y in September, its lowest level since the beginning of the year. Growth in the non-oil priv...

Iraq >>  11/30/2016 - The Kurdistan Regional Government signed an agreement with the multinational professional services firm, Ernst and Young, to audit oil and gas process...
Iraq >>  11/30/2016 - Minister of Oil of Iraq Jabbar Ali Hussain Allibi and President of LUKOIL Vagit Alekperov have had a meeting as part of the OPEC summit. ...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |

Oil & Gas Projects in United Arab Emirates >>

More News

 

Oil & Gas Companies in United Arab Emirates >>


Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.