Sunday 26 June 2016
 
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Oil terminal

China, Iran to build $550m oil terminal

China and Iran plan to jointly build an oil terminal at a cost 0f $550 million on Qeshm Island in the southern part of the Persian Gulf, a report said. The contract was signed by Iran's Machine Making Co. and China's large

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Iran in major bid to expand oil capabilities

Iran is planning several projects to expand its oil production and export capabilities, reports said, highlighting a new oil terminal to export one million barrels per day (bpd), and a $1.7 billion development of South Pars Gas Field.

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Enoc steps up diesel marketing ops across UAE

Enoc Marketing has launched a second tanker-truck loading (TTL) operation at Enoc’s Horizon Oil Terminal in Fujairah that will enhance the efficiency of the company’s diesel marketing operations across the UAE. The sta

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Iran ‘planning to build $2.5bn oil terminal’

Iran is mulling the construction of a big oil terminal with an estimated investment of $2.5 billion in the port city of Jask off the Sea of Oman, said a report. The construction of the oil terminal involves storage tanks, loading

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Iran ‘planning to build $2.5bn oil terminal’

Iran is mulling the construction of a big oil terminal with an estimated investment of $2.5 billion in the port city of Jask off the Sea of Oman, said a report. The construction of the oil terminal involves storage tanks, loading

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Gulf Petrochem opens Fujairah oil terminal

UAE-based Gulf Petrochem has opened the first phase of a major oil terminal at Fujairah with a storage capacity of 412,000 cu m. Inaugurated by Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, the

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Gulf Petrochem starts work at India oil terminal

UAE-headquartered Gulf Petrochem Group said it has recently started construction of a hitech storage terminal for the handling and storage of liquid cargoes in bulk at Pipavav in the Indian state of Gujarat. A leading player in th

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Iran plans oil export terminal outside Gulf

Iran plans to build an oil terminal outside the Strait of Hormuz to ensure exports in the event of Gulf shipping problems and to ship Caspian oil, the oil ministry news website said on Monday. Shana reported the head of the Iranian Oil Ter

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Enoc plans major oil terminal in Dubai

Horizon Terminals, a subsidiary of Emirates National Oil Company (Enoc), has awarded a contract to Punj Lloyd, an India-based construction conglomerate, to construct a bulk oil terminal facility in Jebel Ali. The deal covers the engineerin

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Iraq denies technical fault in new oil terminal

Iraq said weather, rather than a technical fault, was behind an interruption in the operation of a new offshore oil terminal designed to ramp up its exports and that a second tanker was about to begin loading there. The new single point mo

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