- AD Ports Group has signed a 50-year agreement with UAE-based Oylz Terminals to establish a cutting-edge clean petroleum storage facility at Khalifa Port.
- The project will be executed in two phases, featuring a state-of-the-art 600,000 cbm tank storage terminal within the Khalifa Port Logistics Hub.
- The first phase is expected to be operational by mid-2027, further strengthening the port’s position as a strategic energy storage and trading hub.
AD Ports Group, a leading facilitator of global trade, logistics, and industry, has partnered with Oylz Terminals to develop a world-class liquid storage terminal at Khalifa Port. This initiative highlights the port’s growing role as a vital trade hub, not only for the UAE but also for the entire region.
Saif Al Mazrouei, CEO of Ports Cluster – AD Ports Group, emphasized the strategic significance of this agreement:
“We are pleased to welcome Oylz Terminals to Khalifa Port. This partnership underscores the port’s critical role as a regional trade hub. The new liquid storage terminal will enhance our port’s capabilities, attract global customers seeking top-tier infrastructure, and provide seamless access to international markets. We look forward to a long and prosperous collaboration with Oylz Terminals.”
Oylz Terminals’ Commitment to Infrastructure Development
Dr. Khalid Omar Mohamed Hamad Almidfa, Chairman of Oylz Terminals, reaffirmed the company’s commitment to developing top-tier energy infrastructure:
“This project reflects our dedication to establishing world-class facilities that not only strengthen Abu Dhabi’s position as a global energy hub but also support Oylz Terminals’ continued expansion. This agreement sets the foundation for a sustainable, future-ready terminal that will serve both regional and international customers. We appreciate the support that made this collaboration possible and look forward to unlocking new opportunities together.”
Driving Economic Growth and Trade Expansion
The clean petroleum storage facility at Khalifa Port will reinforce the UAE’s role as a key commodity distribution hub, driving economic growth, creating job opportunities, and facilitating enhanced trade activities.
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Source: Container News
