July 14, 2016 [SUMED] - In light of SUMED's mission to present world-class services for transporting, handling and storing crude oil, refined petroleum products and LPG and in response to growing regional demand for refined petroleum products (with a special focus on the booming Egyptian market), SUMED is proud to announce the start-up of a new horizon The Ain Sukhna Product Hub (ASPH).
On 1st of June 2016 in Cairo, SUMED signed EPC contract with the awarded contractor “BESIX-ORASCOM” to begin construction of the Ain Sukhna products jetty and its marine facilities.
The jetty in phase one involves construction of a 2.4 Km long causeway and trestle with two berths.
The first berth is planned for completion by 1st Q 2017 at water depth of 15 meters which will allow the Egyptian Gas holding company “EGAS” to berth one FSRU on a permanent basis to be used for LNG imports intended to feed an under-construction power plant providing electricity to Egypt new Capital.
The second berth (multi-product) at water depth 19 meters will be capable of accommodating petroleum products tankers of up to 160,000 DWT as well as LPG carriers of up to 82,000 m3.
The awarding of the EPC contract for onshore facilities including storage tanks for Fuel Oil, Gasoil and LPG is expected by the end of this week, construction completion is scheduled by last quarter 2018.
The initial project platform is scalable aiming at join world’s leading independent storage operators for oils, chemicals, gases. Moreover, bunkering service will be added in phase 2 with a new dedicated berth at water depth of 12 meters to accommodate two barges from 500 DWT to 15,000 DWT.
“We foresee a significant opportunity for growth through alliance with valuable customers by providing all necessary logistics against long-term commitment while at the same time; adhere to the most up-to-date standards for Technology, Safety and environment Protection.”
