Egypt to Double Oil Storage Capacity at Al-Hamra Port in 3 Years: Asharq
08.08.2022 By Ricardo Perez - NEWS

August 8, 2022 [Arab News] – Egypt is working to double the oil storage capacity at Al-Hamra Port within three years, Asharq reported citing an industry source.

 

With the expansion, the capacity will increase to 5.3 million barrels of crude oil.

This comes within the framework of the government’s plans to develop the new Alamein area, as well as becoming a regional center for energy storage, trading and trade.

Operated by the Western Desert Operating Petroleum Co. and built to handle ore produced in the Western Desert, Al-Hamra Port has six storage tanks and one buoy mooring facility for loading and unloading.

“Expansion plans have been in place for several years and today we laid the foundation stone for them. The aim of the expansions is to develop the new Alamein area and provide energy for the factories that will be established there,” the source added.

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Exxon Preparing to Open Its Massive $2B Refinery Expansion in Beaumont
01.30.2023 - NEWS
January 30, 2022 [msn] – Exxon Mobil said Monday it finished building its $2 billion refine... Read More
Valero Has Best Year Ever in 2022 as 4Q Profits Triple, Topping Wall Street Expectations
01.30.2023 - NEWS
January 30, 2022 [San Antonio Express News] – Valero Energy Corp. cruised past Wall Street ... Read More
Mobil Continues to Invest in Australia's Fuel Security
01.30.2023 - NEWS
January 30, 2022 [ExxonMobil] – Melbourne, Australia – Mobil Oil Australia Pty Ltd (Mobil... Read More
Kernel Acquires Terminal In Yuzhny Port
01.30.2023 - NEWS
January 30, 2022 [Ukrainian News] – Kernel Holding, one of the largest operators on the oil... Read More