Friday 29 March 2024
 
»
 
»
Story

Tank Storage Middle East ends on positive note

ABU DHABI, February 11, 2015

The inaugural Tank Storage Middle East, part of the world’s largest portfolio of tank storage events, which concluded recently in Abu Dhabi, has been heralded as a huge success.

The two-day event, which was the largest dedicated tank storage conference and exhibition for the region, boasted all of the biggest names within the industry, including Suhail Mohamed Faraj Al Mazrouei, the UAE Minister of Energy, who opened the show and delivered its keynote address.

Al Mazrouei stressed that the UAE is still heavily committed to developing oil facilities in accordance with the best international safety standards. He continued to explain that protecting the environment and human safety are two other top priorities within the UAE’s oil and gas sector.

The paid for conference programme played a central role within the success of the show, with many delegates and senior decision makers highlighting it as a particular triumph. The conference programme featured talks by 20 industry experts from companies such as ENOC, SIDDCO Group, Fujairah Oil Terminal, Gulf Petrochem and GPS Chemoil.

One of the biggest topics discussed during the conference was the increasing importance of Fujairah as an oil and trading hub and the importance of the International Petroleum Investment Company (IPIC).

Nizam Noorali, chief operating officer at Socar Aurora Fujairah Terminals said: “Fujairah will emerge as a hub for business activity. The IPIC refinery, with a processing capacity of 200,000 barrels per day, will be a game changer.”

Tarun Arora, general manager at GPS Chemoil agreed: “Once the IPIC refinery project is completed, by the end of 2016, the demand for storage will increase. There will be a boom.”

Exhibitors also found the show a major success, with 88 per cent of suppliers rebooking stands on the spot, for the 2016 show. The debut show featured 96 leading international exhibitors, with 13 per cent of these using the event to launch new products to the wider Middle East market.

Tank Storage Middle East is part of the world’s largest portfolio of tank storage events, which take place in the key bulk liquid storage hubs of Abu Dhabi, Antwerp, Singapore, Rotterdam and Hamburg.

The next Tank Storage Middle East takes place on January 25 & 26, 2016 at the Abu Dhabi National Exhibition Centre, Abu Dhabi. – TradeArabia News Service




Tags: | Exhibition | Tank Storage Middle East |

More Industry, Logistics & Shipping Stories

calendarCalendar of Events

Ads