Horizon Terminals Ltd marks groundbreaking of US$142 million Bulk Liquid Petroleum Terminal in Jebel Ali Free Zone
Scheduled to be commissioned in the 4th quarter of 2013, terminal will have storage capacity of 141,000 cubic metres
58 km pipeline to connect to the Dubai International Airport to meet jet fuel demand
Terminal complements Dubai’s economic growth by powering the aviation sector
Horizon Terminals Ltd (HTL), the wholly owned subsidiary of Emirates National Oil Company (ENOC) focused on terminalling operations, today marked the groundbreaking ceremony of its new US$142 million bulk liquid petroleum terminal in the Jebel Ali Free Zone, Dubai.
The fully automated terminal, with a storage capacity of 141,000 cubic metres and a dedicated 58 km pipeline connecting directly to the Dubai International Airport for the supply of jet fuel oil, is scheduled for commissioning in the fourth quarter of 2013.
Saeed Abdullah Khoory, Chief Executive Officer of ENOC; Yusr Sultan, Managing Director -Terminals, ENOC; and Fahad Askar, Deputy Director of Operations, HTL, marked the symbolic start of construction of the terminal at a ceremony attended by representatives from ENOC and Horizon Terminals Ltd.
“The construction of the bulk liquid petroleum terminal underlines ENOC’s commitment to partner in the ambitious and visionary growth of Dubai and support its economic diversification initiatives,” said Khoory. “The terminal adds great value to Dubai’s aviation industry, one of the fastest growing economic sectors of the Emirate.
“This is further bolstered by the growth of Dubai-owned Emirates Airline and the increasing number of annual aircraft movements, set to clock over 560,000 by year 2020. This tremendous growth in the aviation and airline industry needs to be sustained with a timely and reliable supply of jet fuel, which is the primary goal of this new terminal,” added Khoory.
Having recorded more than 51 million passenger arrivals, the Dubai International Airport is on course to becoming the world’s third busiest airport by 2020, set to welcome 98 million passengers.
The Horizon Bulk Liquid Petroleum Terminal will have state-of-the-art and fully automated facilities for receiving jet fuel from marine tankers and from the adjacent ENOC-owned refinery. The terminal will also have tanker truck loading facilities connected to oil tanker berths and associated abilities to ensure seamless supply lines to other airports in the UAE.
The 58 km pipeline to the Dubai International Airport has been developed to the highest safety and capacity standards to meet the growing demand for jet fuel oil, and will also have a branch-off connection to the Al Maktoum International Airport.
Horizon Terminals Limited manages more than 5 million CBM of storage with a network of nine terminals located in various markets, including the UAE, South Korea and Morocco. It provides world-class terminal services for bulk liquids storage as well as a range of value-added logistics services.
It aims to become the largest independent terminal service provider in the bulk oil storage in the Middle East, Africa and the Mediterranean while maintaining a leading position in the Far East region.