$100m Petroleum Storage Terminal Opens in Sharjah
09.28.2016 By Jacob van den Berge - NEWS

The facility, which has 16 storage tanks with a capacity to store 80,000 cubic metres of oil, is equipped with sophisticated equipment, according to state news agency WAM.

Saud Salim Al Mazrouei, director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone said the facility was proof of the zone’s credentials as a logistics centre for the upstream oil and gas industry.

“The starting of operations reflects Sharafco’s strength and determination to continue our ambitious growth plans into the international market. We are confident that, with continued support from Hamriyah Free Zone and our staff, we will achieve our ambitious goals,” said Sharfudheen Mohammed, Sharafco Group managing director and CEO.

Glenfarne, BGN Sign HoA for LNG Supply from Texas LNG
07.06.2026 - NEWS
July 06, 2026 [Offshore Technology]- Glenfarne Global Commodities, the liquefied natural gas (LNG... Read More
UAE's ADNOC Launches Combined LNG Marketing and Trading Platform
07.06.2026 - NEWS
July 06, 2026 [Reuters]- UAE state oil giant ADNOC launched a new liquefied natural gas marketing... Read More
Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More
Oil Markets Face a Billion-Barrel Restocking Problem After Hormuz Closure
07.06.2026 - NEWS
30 Jun 2026 [ StoneX Media ]- A deficit of roughly one billion barrels in global oil inventories... Read More