ADNOC Logistics and Abu Dhabi Ports cooperate to establish a port...

ADNOC Logistics and Abu Dhabi Ports cooperate to establish a port...
ADNOC Logistics and Abu Dhabi Ports cooperate to establish a port...
Abu Dhabi – Mubasher: ADNOC Logistics and Services signed today a strategic partnership agreement with the Abu Dhabi Ports Group to develop a new port and logistics area to provide support for “promoting the“.

According to the agreement, which was signed on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC 2021”, “ADNOC” and “Abu Dhabi Ports” are cooperating to develop a new port, logistics area and infrastructure facilities, including the fluids terminal and logistical facilities in order to support investors in “Tazez” area for chemicals, according to a press release.

The new port will represent an important link in the supply chain of raw materials, storage and loading of finished products for export from the new port. The two parties will select an international operator to participate in the project and contribute to the development of the port and its associated facilities..

The new port will include logistics, storage and loading and unloading facilities, and three berths, two of which will extend over a distance of 640 metres.

The port infrastructure will also include a tank complex consisting of ten tanks for storing products, and another for storing raw materials that will supply the various industrial areas in “Taziz”, supported by specialized tank complex facilities, control rooms and steam treatment systems, in addition to other vital facilities to preserve products during the period of time. Storage.

It is noteworthy that the “Tazez” system has made great progress since its launch in November 2020, as the initial engineering design contracts were awarded for its seven world-class chemical projects, and “TAQA” and “ADNOC” Group signed an agreement to establish facilities for chemical projects..

The objectives of the strategic “Tazez” system are in line with the aspirations and goals of the state and the fifty principles of enhancing the competitiveness of the local industries sector and supporting local content, as the region is expected to start producing chemicals by 2025..

announced Abu Dhabi National Oil Company “ADNOC”“, November 16, 2021, during the activities of the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC 2021”, announced the implementation of record investments amounting to about 22 billion dirhams (6 billion dollars) to promote growth in the field of drilling activities..

ADNOC indicated that this comes as part of its efforts to increase its production capacity of crude oil to 5 million barrels per day by 2030 and enable the UAE to achieve self-sufficiency in gas.

Nominations:

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