March 28, 2025 [Storage Terminals Magazine]- AD Ports Group, a leading facilitator of global trade, logistics, and industry, has signed a 50-year agreement with Oylz Terminals, a UAE-based oil supply and distribution provider, to develop a world-class clean petroleum storage facility at Khalifa Port.

Under the agreement, Oylz Terminals will develop a state-of-the-art 600,000 cbm tank storage facility within the Khalifa Port Logistics Hub in two phases. This project will further enhance the port’s capabilities and reinforce its position as a key energy storage and trading hub in the region. The first phase of the facility is expected to become operational by mid-2027.

Strengthening Khalifa Port’s Position

Saif Al Mazrouei, chief executive officer, ports cluster – AD Ports Group, emphasised the strategic significance of the agreement, stating:

“We are delighted to welcome Oylz Terminals to Khalifa Port. This agreement underlines the port’s role as a vital trade hub, not only for the UAE but for the entire region. This liquid storage terminal will enhance our port’s capabilities and attract more customers seeking world-class infrastructure and seamless access to global markets. We look forward to a long and prosperous partnership with Oylz Terminals.”

Commitment to Infrastructure Development

Dr. Khalid Omar Mohamed Hamad Almidfa, chairman – Oylz Terminals, highlighted the project’s impact, stating:

“This milestone project reflects our commitment to developing best-in-class infrastructure that not only fortifies Abu Dhabi’s position as a global energy hub but also paves the way for Oylz Terminals’ continued expansion. This agreement will lay the foundation for an efficient, sustainable, and future-ready terminal, poised to serve regional and international customers. We thank everyone whose support made this collaboration possible and look forward to unlocking even greater opportunities together.”

Driving Economic Growth and Trade

The new liquid storage facility is expected to play a crucial role in strengthening the UAE’s position as a major commodity distribution hub. Additionally, it will contribute to economic growth by creating new job opportunities and fostering further trade activities in the region.

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