BPGIC says basic design for Fujairah Phase III refinery ready

BPGIC says basic design for Fujairah Phase III refinery ready

Brooge Energy (Formerly Brooge Holdings), through its subsidiary Brooge Petroleum and Gas Investment Company (BPGIC), has announced that the final basic design for the company's planned Phase III oil storage terminals and refinery has been completed by MUC Oil & Gas Engineering Consultancy and handed over to the group.

A midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the UAE, Brooge Energy said the completion of the basic design progresses BPGIC's plan to develop up to 3.5 million cu m of storage capacity, the equivalent of 22 million barrels. It is targeting the Phase III facility to be operational in late 2022.

The company had in April appointed MUC Oil & Gas Engineering Consultancy to complete the basic design and front-end engineering design (FEED) study for its planned 180,000 barrels per day (bpd) refinery and the Phase III oil storage facility in Fujairah. 

BPGIC is a key independent storage provider conveniently situated in the east-coast port of Fujairah on the Gulf of Oman, which owns capacity to store clean petroleum products and fuel oil using some of the latest technology to maximize company performance and efficiency, while reducing operating costs,