15MAY2019 - NEWS - Brooge Petroleum, Sahara Energy Sign Agreement To Build 250,000 Bpd Oil Refinery In Fujairah

Brooge Petroleum and Gas Investment Co (BPGIC) and Sahara Energy Resources DMCC Dubai signed a partnership agreement to set up an oil refinery capable of producing bunker fuel with a capacity of up to 250,000 barrel per day (bpd) in the Emirate of Fujairah.

BPGIC and Sahara Energy said the facility will be one of the first of its kind in the middle East and North Africa to comply with the new regulations of the International Maritime Organisation (IMO) 2020 by capping sulfur content in shipping fuels. The first phase of the planned refinery is expected to be completed by Q1 2020.

Published by Editor - www.Livebunkers.com at 15-May-2019 05:53:55 [UTC] , contact editor at editor@livebunkers.com