Sharjah, Air BP launch $32m jet fuel facility
Sharjah, November 18, 2007
The Government of Sharjah and Air BP have jointly inaugurated a $32 million jet fuel facility.
The facility will boost Sharjah International Airport’s operational capabilities and increase its potential refueling capacity in line with the northern emirate’s projected aviation industry growth, said a statement.
The 50,000 metric tonne state-of-the-art facility is located in the Hamriyah Free Zone and comprises a 45,000 sq m jet fuel storage terminal and 45 km long pipeline linked directly with the airport.
The new development coincides with the rapid growth of Sharjah’s aviation industry spearheaded partly by Air Arabia’s successful operations following its launch a few years ago as the region’s first low cost carrier. The flow of cargo traffic has also reached record highs in recent years with Sharjah Airport now considered one of the region’s largest cargo hubs.
The facility will be managed by Anabeeb, a joint venture set up between the Government of Sharjah and Air BP, which was instrumental in the design and implementation of the project. –TradeArabia News Service