Pre-construction work is underway on Brooge Energy’s Phase III oil storage terminals and refinery in Fujairah.
According to a statement from the company, work has begun on soil investigation and an Environmental Impact Assessment report and these are described as ‘major milestones’ that will pave the way for construction to begin on the Phase III oil storage facility in Fujairah, UAE, which is expected to be operational in late 2022.
After completion of the project, Brooge Energy will become the largest oil storage provider in the Port of Fujairah,
The company will construct and operate the Phase III facility through its newly formed and wholly-owned subsidiary, Brooge Petroleum and Gas Investment Company Phase III FZE.
Brooge Energy first announced its plans for the Fujairah facility in May 2019 and last April it appointed MUC Oil & Gas to complete the basic design for a 180,000 barrels a day (b/d) refinery and undertake a Front End Engineering Design (FEED) study for the oil storage terminal.
When the Phase III facility is completed it could add an additional storage capacity of between 2.1 million cubic metres (cbm) and 3.5 million cbm for fuel oil, clean products and crude oil.