Brooge Energy has announced it has commenced hydrotesting for Phase 2 of its storage facility expansion.
Announcing the news, it said: “Hydrotesting is considered a major milestone of this process confirming the tank integrity. Once Phase 2 construction is finalised, the facility will increase the company’s total geometric oil storage capacity to approximately 1 million m3, or 6.3 million barrels.”
Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said: “We are nearing an advanced and important leg of the construction of our Phase II oil storage facility and are very pleased to reach this milestone, notwithstanding the current challenges due to ongoing restrictions.”
He added: “Once completed, we believe this facility will make us the second largest non-captive storage provider in Fujairah. The facility is already fully contracted on a multi-year basis so will be operating at full capacity and revenue-generating as soon as it is operational and past the testing and commissioning stage.”
For more information visit www.broogeholdings.com
