UAE - Mubasher: Emirates National Oil Company Group (ENOC) has completed the establishment of a pipeline and tank infrastructure to transport and store petrochemicals in Saudi Arabia's Western Province.
Horizon Terminals Limited (HTL), ENOC’s terminals arm, has implemented the project, in partnership with Rotary Arabia, a Saudi Arabia-based engineering, procurement, and construction contractor, according to a press release on Wednesday.
The infrastructure development includes the construction of four new pipelines from Farabi Petrochemicals’ Yanbu facility on the Red Sea coast to storage tanks at Arabtank Terminal Limited (ATTL), associated pumps lines, and export lines.
The project also included highly automated facilities in line with HTL’s vision.
ATTL, which is Horizon Terminals’ Saudi-based terminal, has a petroleum and chemical storage capacity of 288,100 CBM in 26 storage tanks, of which four have been developed as part of the project.
Two additional pipelines were also set up from ATTL to Berth 21 at Port of King Fahad Yanbu.
The chemical capacity of the GCC is forecast to rise 33.6% in the next decade to record 231.8 million tonnes, attributed to refining expansion and chemical integration.
The Group CEO of ENOC, Saif Humaid Al Falasi, said: "The GCC chemical industry today is predominantly focused on petrochemicals which make up 72% of its total production, with Saudi Arabia being the leading producer in the region, accounting for 68.2% of total chemical output."
Al Falasi added: "Our expansion into the Kingdom comes at a time when the regional market is poised to step up overseas production capacity by 7.6%."