- Home
- Middle East
- Saudi Arabia
- ENOC Group’s terminals operations further expands into Kingdom of Saudi Arabia
ENOC Group’s Terminals Operations Further Expands Into Kingdom Of Saudi Arabia
Mohammad Ali (@ChaudhryMAli88) Published April 22, 2021 | 01:45 AM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 22nd Apr, 2021) ENOC Group in partnership with Rotary Arabia, one of the premier EPC contractors in Saudi Arabia, completed the building of vital pipeline and tank infrastructure to transport and store petrochemicals in the Kingdom’s Western Province.
The infrastructure development between Horizon Terminals Limited (HTL), ENOC’s terminals arm, and Rotary Arabia – the front-end contractors for the project, saw the construction of four new pipelines from Farabi Petrochemicals’ Yanbu facility on the Red Sea coast to storage tanks at Arabtank Terminal Limited (ATTL), associated pumps lines and export lines. The project also included highly automated facilities in line with HTL’s vision. An estimated 60-70 per cent of the Yanbu facility output is the production of linear alkyl benzene (LAB) and normal paraffins (NPN), and the remaining 30-40 per cent of products produced being derivative products.
With GCC’s chemical capacity expected to increase by 33.6 percent in the next decade* reaching 231.8 million tonnes, driven by refining expansion and chemical integration, ENOC’s contribution to building robust infrastructure in Saudi Arabia will propel the production and manufacturing of petrochemicals in the Kingdom.
Arab Tank Terminal Limited (ATTL) – which is Horizon Terminals’ Saudi based terminal, has a petroleum and chemical storage capacity of 288,100 CBM in 26 storage tanks; of which four have been revamped. Two additional pipelines were also constructed from ATTL to Berth 21 at Port of King Fahad Yanbu as Farabi Petrochemicals aims to realise its vision of becoming the world leader in LAB production.
Saif Humaid Al Falasi, Group CEO, ENOC, said: "The GCC chemical industry today is predominantly focused on petrochemicals which make up 72 percent of its total production, with Saudi Arabia being the leading producer in the region, accounting for 68.2 per cent of total chemical output. Our expansion into the Kingdom comes at a time when the regional market is poised to step up overseas production capacity by 7.6 percent. This strategic alliance with Rotary Arabia to boost transportation capacity also reflects ENOC’s regional growth plans in strengthening our terminalling footprint, while contributing to the Kingdom’s overall energy sector growth."
Farabi Petrochemicals currently supplies to the domestic market and benefits from the Port of King Fahad Yanbu infrastructure to export NPN and LAB to the GCC, Europe and Asia. The new pipelines from its Yanbu facility will enable faster and more efficient transportation of Farabi’s petrochemical products enabling growth due to increased export capacity of these products domestically and internationally.
With a total of 10 terminals in Morocco, Djibouti, Saudi Arabia, the UAE, and Singapore, HTL facilities are strategically located in key markets across the Mediterranean and middle East. ENOC’s Horizon Terminals is a legacy business set up in 2003 and has a long history of establishing bulk liquid terminalling across regional markets and is a leading player in the Far East markets.
Related Topics
Recent Stories
Attaullah Tarar’s success notification from NA-127 challenged
PSX witnesses positive trend today
PM Shehbaz meets CJP Isa to address IHC judges’ concerns
Pakistan vows to bring to justice perpetrators, abettors of Bisham terrorist att ..
May 9 riots: SC allows conditionally to military courts to deliver reserved verd ..
Interior Minister arrives in Peshawar after Shangla suicide attack
OPPO Reno 11 F 5G: Setting New Records as Pakistan's Most Beloved Smartphone Lin ..
PCB dismisses FICA's claims of unpaid dues in PSL
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 March 2024
Today Gold Rate in Pakistan 28 March 2024
Niger says US to submit plan to 'disengage' troops
Venezuelan opposition registers unknown poll contender after obstacles
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
2 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
5 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
5 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
5 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
5 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
5 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
5 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
5 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
5 months ago -
SIBF turns spotlight on remarkable contributions of women
5 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
5 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
5 months ago