Mawani, Arabian Chemical Terminals Sign Land Lease for Jubail Port Storage Tanks
01.02.2026 By Tank Terminals - NEWS

January 02, 2026 [Asharq Al-Awsat]- The Saudi Ports Authority (Mawani) signed a contract with Arabian Chemical Terminals Ltd. to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with an investment exceeding SAR500 million on an area of 49,000 square meters.

 

The project will contribute to enhancing operational efficiency and increasing handling capacity in line with the objectives of the National Transport and Logistics Strategy to consolidate the Kingdom’s position as a global logistics hub, SPA reported.

This step is part of Mawani’s efforts to strengthen the role of the private sector in supporting the gross domestic product and to reinforce the position of Jubail Commercial Port as a driver of commercial activity. The project’s storage capacity will reach 70,000 cubic tons, boosting the competitiveness of the Kingdom’s ports at both regional and international levels.

The project aims to develop and expand storage capacity and the export of chemical and petrochemical materials in accordance with the highest international standards while supporting supply chains. It includes the establishment and development of specialized facilities for storing and exporting chemical and petrochemical products, as well as the provision of storage and distribution services for local and international import and export of chemicals in line with global quality and safety standards.

The project will contribute to supporting national supply chains, boosting the Kingdom’s chemical logistics capabilities, and raising operational efficiency and capacity, thereby improving customer competitiveness. It also supports the achievement of Saudi Vision 2030 objectives by promoting the development of infrastructure to advance the energy, industry, and supply chain sectors in the Kingdom.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +10,100 tank terminals and +6,200 production facilities worldwide.

 

Access data. Decide better. See how.

Giant Canadian Green Hydrogen Project Shelved as Developer Shifts Focus to Domestic Power Exports
01.09.2026 - NEWS
January 09, 2026 [Fuel Cells Works]- World Energy GH2 has shelved its 1.2GW green hydrogen and ... Read More
Start-Up of the Steam Cracker at BASF’s Verbund Site in Zhanjiang, China
01.09.2026 - NEWS
January 09, 2026 [BASF]- BASF has successfully commissioned the steam cracker at its newly built ... Read More
ADNOC Announces Final Investment Decision for the SARB Deep Gas Development
01.09.2026 - NEWS
January 09, 2026 [ADNOC]- ADNOC today announced the Final Investment Decision (FID) for the SARB ... Read More
Equinor Awards $10 Billion Contracts to Maintain Norway’s Oil and Gas Output
01.09.2026 - NEWS
January 09, 2026 [Oil Price]- Equinor has awarded $10 billion worth of contracts to suppliers as ... Read More