Brooge Energy Limited, a midstream oil storage and service provider in Fujairah through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company (BPGIC), announced today it has commenced hydrotesting for its Phase II storage facility expansion.

 

This is an important milestone that signifies the advanced stage of the terminal’s development, it said.

 

With the commencement of all the necessary hydrotests, the development of the Phase II facility has now entered into some of the testing stages required of the construction process, the company said.

 

Hydrotesting is considered a major milestone of this process confirming the tank integrity. Once Phase II construction is finalised, the facility will increase the company’s total geometric oil storage capacity to approximately 1 million cu m or 6.3 million barrels, from its current geometric capacity of approximately 400,000 cu m or 2.5 million barrels, and also enable the company to offer crude oil storage using some of the latest technology to enhance Company performance and operational efficiency, it said.

 

Nicolaas L Paardenkooper, CEO of Brooge Energy and BPGIC, said: “We are nearing an advanced and important leg of the construction of our Phase II oil storage facility and are very pleased to reach this milestone, notwithstanding the current challenges due to ongoing restrictions. Once completed, we believe this facility will make us the second largest non-captive storage provider in Fujairah. The facility is already fully contracted on a multi-year basis so will be operating at full capacity and revenue-generating as soon as it is operational and past the testing and commissioning stage.” - TradeArabia News Service