Abu Dhabi Ports to build storage terminal at Khalifa Port
Abu Dhabi’s first greenfield commercial bulk liquid storage terminal will be developed on a plot covering 50,000m2
UAE-based master developer Abu Dhabi Ports has signed a strategic agreement with Saudi Arabia based Arabian Chemical Terminals (ACT) to develop Abu Dhabi’s first greenfield commercial bulk liquid storage terminal at its flagship, deep-water Khalifa Port.
The bulk liquid terminal will be developed on a plot covering 50,000m2 adjacent to a 16m deep-water quay access, with the option for an additional 150,000m2 square metres of land.
As per the agreement, the project will be completed in two phases. Phase 1 is slated for commissioning in the H2 2022, entailing the deployment of 44 storage tanks sized 1,250 and 3,000 tonnes each.
Phase 2 will commence following the expansion of the surrounding area and will consist of a number of larger industrial storage tanks and spheres.
Upon completion, the facility will be able to handle a number of liquid bulk products, and will broaden the range of capabilities and value offering for Abu Dhabi Ports’ clients.
The bulk liquid storage terminal at Khalifa Port will provide customers with the opportunity to reduce their costs of outsourcing as well as their liquid and gas expenditures.
The deal was inked by the group chief executive officer of Abu Dhabi Ports, Captain Mohamed Juma Al Shamisi, and the managing director of Arabian Chemical Terminals and deputy managing director of Reza Investment Company, Rakan Alireza.
The project – which aims to diversify Abu Dhabi Ports’ portfolio with enhanced capabilities in the handling of liquid bulk products and gases – will benefit existing customers and attract additional customers in the region seeking liquid bulk storage.
Serving as the first terminal to be developed by ACT in the UAE, specifically in Abu Dhabi, the facility’s strategic location and advanced facilities aim to deliver world-class logistics and industrial services.
Customers will be able to take advantage of Khalifa Port’s strategic location combined with its improved maritime, logistics, and industrial capabilities
Commenting on the deal, Al Shamisi, said: “Providing technology-rich, end-to-end logistics solutions for customers of all sizes and industries is at the core of Abu Dhabi Ports’ diversification strategy.
“Working closely with ACT, we are pleased to now offer a comprehensive suite of integrated logistics solutions that are powered by the most advanced technologies available in the market.”
Alireza added: “We’re excited to be spearheading the development of our first commercial tank farm in the UAE, here in Abu Dhabi, as we previously pioneered in KSA.
“Located between Abu Dhabi, Ruwais, and Dubai industries, the new liquid terminal will not only prosper as a result of its strategic location, but will be further bolstered by Khalifa Port’s multi-modal connectivity with access to the sea and UAE’s extensive road and future GCC railway network.
“In addition to supporting our overseas expansion strategy, the project will also provide the foundation for other potential terminal activities within the emirate of Abu Dhabi.”