ADNOC Logistics & Services is joining forces with AD Ports Group to develop a new liquid bulk terminal and logistics facility at Ta’ziz, the chemicals production and industrial hub currently under development at Ruwais in the UAE. The facility will be a key part of the supply chain for feedstocks and will store and load final products for export. The two partners say they will select an international operator to enter into a new joint venture and contribute to the development of the new port.
Speaking at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said: “Our strategic partnership with AD Ports Group builds on the complementary strengths of two UAE industrial champions in accelerating the competitiveness of Ta’ziz and our growing petrochemicals sector in Ruwais.”
The new port will include two liquid berths measuring 640m in length and a 320m dry bulk berth. These will be supported by a tank farm with ten product tanks and one feedstock storage tank.