BPGIC Wins Award for Best Terminals of the Year
03.22.2021 By Ricardo Perez - NEWS

March 19, 2021 [Hydrocarbonengineering] – Brooge Energy Ltd, a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the UAE, has announced that its wholly-owned subsidiary, Brooge Petroleum and Gas Investment FZE (BPGIC) has won the ‘Global Ports Forum Award’ for the best terminals of the year in the Middle East for the year 2021.

 

The forum was launched in 2008 in Singapore to foster cooperation between ports around the world. It is committed to improving global ports and promoting port interests, and provides an overview of emerging trends in the port industry and at the global level.

BPGIC was selected based on the nominations that reached the forum from international organisations, and the strong performance of the company during the last year. BPGIC is proceeding with its Phase II project to expand its capacity in Fujairah. Through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company Phase III FZE (BPGIC III), the company is also planning construction for its Phase III facility which will include crude oil tanks, in addition to increasing capacity for fuel oil and clean products.

Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said: “If one thing has become clear over the past year, it is the strange importance of the midstream sector in supporting the infrastructure and storage needs of the oil industry and enabling the market to work efficiently. We are proud to have won this award for the best terminals of the year in the Middle East for the third year running, which is a testament to our strong performance over the past year.

“Even throughout the volatility of 2020 – including lockdowns and other severe restrictions – our Phase I facility continued to operate seamlessly and provide a reliable and much-needed service to our customers at a time when oil storage was in extremely high demand. Buoyed by this success, we are looking forward to launching our Phase II storage facility in the near future, and are simultaneously making headway with our plans to build out a Phase III facility.”

Click Here to Access Today a 6,350 Tank Terminal Database With a Pro Trial

6,350 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More