The project, with a total budget of 382,729,700 US dollars, concerns the construction of a new Oil Storage Terminal (OST) in the UAE, with a capacity of 1,300,000 cubic meters.
The construction of the new OST, which will significantly upgrade the strategic role of the region, is expected to begin at the beginning of August 2023 with a four-year execution time horizon and implementation in two phases.
The new station will include 34 new tanks which will be built according to the latest international standards and the most modern, new technology materials.
