March 19, 2021 [Hydrocarbonengineering] – Brooge Energy Ltd, a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the UAE, has announced that its wholly-owned subsidiary, Brooge Petroleum and Gas Investment FZE (BPGIC) has won the ‘Global Ports Forum Award’ for the best terminals of the year in the Middle East for the year 2021.
The forum was launched in 2008 in Singapore to foster cooperation between ports around the world. It is committed to improving global ports and promoting port interests, and provides an overview of emerging trends in the port industry and at the global level.
BPGIC was selected based on the nominations that reached the forum from international organisations, and the strong performance of the company during the last year. BPGIC is proceeding with its Phase II project to expand its capacity in Fujairah. Through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company Phase III FZE (BPGIC III), the company is also planning construction for its Phase III facility which will include crude oil tanks, in addition to increasing capacity for fuel oil and clean products.
Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said: “If one thing has become clear over the past year, it is the strange importance of the midstream sector in supporting the infrastructure and storage needs of the oil industry and enabling the market to work efficiently. We are proud to have won this award for the best terminals of the year in the Middle East for the third year running, which is a testament to our strong performance over the past year.
“Even throughout the volatility of 2020 – including lockdowns and other severe restrictions – our Phase I facility continued to operate seamlessly and provide a reliable and much-needed service to our customers at a time when oil storage was in extremely high demand. Buoyed by this success, we are looking forward to launching our Phase II storage facility in the near future, and are simultaneously making headway with our plans to build out a Phase III facility.”
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