Enoc plans major oil terminal in Dubai
Dubai, April 16, 2012
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 engineering, procurement and construction of the terminal inside the Jebel Ali Free Zone along with a 60 km jet fuel pipeline to the Dubai International Airport.
Previously referred to as ‘Project Falcon,’ it will have hitech oil terminal facilities with storage tanks capacity of 141,000 cu m, including a tanker truck loading system connected to the oil tanker berths and associated facilities.
The oil terminal will handle a jet fuel system initially and other petroleum products at later stages. The proposed 60 km pipeline will have a branch off point at the new Dubai World Central (DWC) airport for future expansion.
'This strategic project aims to further support the economic development of Dubai and the recently awarded terminal project in Fujairah. He said the project is in line with ENOC’s long term investment strategy,' said Enoc CEO Saeed Abdullah Khoory at the signing cermony.
Commenting on the win, Ravindra Kansal, president and CEO of Punj Lloyd, Middle East, Africa & CIS, said, “The Middle East is a very important market for us. Our strong focus on the region, complemented by our proven track record in the EPC domain has created a niche for Punj Lloyd in the region.'
'With this contract win, we further our commitment and focus on the UAE,' he stated.
Several top Enoc officials including Yusr Sultan, MD, Terminals; Sina Khoory, executive director-shared services; Abdul Salam Al Hammadi, director, procurement & contracts; Ashraf Al Hashemi, director- Engg & project management and Nishchal Agrawal, senior GM, business development of Punj Lloyd, UAE attended the signing ceremony.-TradeArabia News Service