Abu Dhabi Ports has signed a strategic agreement with Saudi Arabia’s Arabian Chemical Terminals (ACT) that will see the development of the emirate’s first greenfield commercial bulk liquid storage terminal at its flagship, deep-water Khalifa Port.
Further diversifying Abu Dhabi Ports’ portfolio with enhanced capabilities in the handling of liquid bulk products and gases, the project will benefit existing customers and attract new customers in the region seeking liquid bulk storage. This is the first terminal to be developed by ACT in the UAE.
The proposed bulk liquid terminal will be developed on a 50,000 square meter land plot adjacent to a 16-meter deep-water quay access, with option for an additional 150,000 square meters of land.
As per the agreement, the project is set to be completed in two phases with the first stage slated for commissioning in the second half of 2022 entailing the deployment of 44 storage tanks sized 1250 and 3000 tons each. The terminal’s second phase will commence following expansion of the surrounding area and will consist of a number of larger industrial storage tanks and spheres.
The agreement was signed by Captain Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports (left) and Rakan Alireza, Managing Director of Arabian Chemical Terminals Ltd and Deputy Managing Director of Reza Investment Company Ltd.