By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Fujairah Oil Industry Zone Approves More Land for Mena Terminal Allocation – News
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025
Business Crypto
Moscow Metro Marks 90 Years with Technological Advancements and Heritage Events
Lifestyle World
Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports
UAE with 47% and Qatar with 36% Surge in Viewing Minutes as TOD Unveils its Enhanced Streaming Experience TOD 2.0
Lifestyle
L’Oréal Paris Celebrates the Groundbreaking Launch of MELASYL at the Iconic Museum of the Future
Lifestyle
TOD Partners with Skyworth’s QVWi to Launch 4K Streaming Set-Top Box in MENA
Gulf Sports
Double victory at Red Dot: Eczacıbaşı Tiles Group’s VitrA and Villeroy & Boch brands recognised for their design excellence
Lifestyle
Your Next Destination in Dubai: Mövenpick Hotel Apartments Downtown Dubai – The Perfect Choice for Your Stay
Gulf UAE
Nexus Developer Announces the Launch of ‘Estrella’ to Set New Standards in Boutique Luxury Living in Majan, Dubai
Gulf UAE
Moscow City Tourism Committee Brings ‘Moscow Tea Time’ to Dubai with 15 Cultural Venues
Gulf UAE
Wassim Elassaad Inspires Innovation at Gratuso and Waz & Co-Management Consultancy
Gulf UAE
RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain
Business Crypto
The Central Bank of the UAE Awards Tap Payments a Full Payment Services License
Gulf UAE
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Fujairah Oil Industry Zone Approves More Land for Mena Terminal Allocation – News
Business

Fujairah Oil Industry Zone Approves More Land for Mena Terminal Allocation – News

News Room
Last updated: 2024/07/22 at 3:52 PM
News Room
Share
5 Min Read
SHARE

The Fujairah Oil Industry Zone (FOIZ) has recently made an announcement about allocating additional land for the expansion of the Mena Terminal situated in the Port of Fujairah. This move comes after the Mercantile & Maritime Group acquired the Mena Terminal in October 2023. The terminal, which is a significant strategic energy trading port and one of the largest bunkering hubs globally, will see the construction of a biofuel processing plant on the additional 54,000m2 of land. This project aligns with FOIZ’s objective to attract and establish low carbon and green fuel production within the zone, in line with the Emirate of Fujairah and UAE’s strategy to reduce emissions and promote green fuels.

The Mena Terminal, a bulk liquid storage terminal at the Port of Fujairah, consists of 14 tanks holding 2.2 million barrels and storing 352,000m3 of black and white refined petroleum products. It is interconnected to other terminals in Fujairah, featuring 6 jetty lines providing access to 9 main berths and 2 bunker barge berths. With a capacity of 4,500 cbm/hour for black products and 3,000 cbm/hour for white products, the terminal also boasts its power generation system, including solar energy. Its exceptional health and safety standards are maintained by a dedicated management team.

Capt. Salem Al Afkham Al Hamoudi, Director of FOIZ, highlighted the importance of the Mena Terminal in supporting the zone’s mission to regulate various aspects of the hydrocarbon industry. He expressed delight in supporting the expansion of land dedicated to green fuels as part of the Mena Project’s initiative. Murtaza Lakhani, Chairman of Mena Terminals Fujairah FZCO, acknowledged the terminal’s innovative and leading role in the region, emphasizing its adherence to best practice environmental standards in oil storage. The land lease agreement signifies a step towards the terminal’s role as a supplier of green fuels, with gratitude towards FOIZ for their commitment to energy transition in the region.

The Mena Terminal’s expansion and the construction of a biofuel processing plant signify a significant milestone in FOIZ’s efforts to promote green fuel production in the region. The project demonstrates the zone’s alignment with the Emirate of Fujairah and UAE’s strategies to reduce carbon emissions and increase the share of green fuels in the energy mix. With its state-of-the-art infrastructure and commitment to environmental standards, the Mena Terminal is set to play a pivotal role in supporting the transition towards a more sustainable energy landscape.

The announcement of the land allocation for the expansion of the Mena Terminal by FOIZ signals a positive development in the region’s energy sector. By supporting initiatives that promote the production of green fuels, FOIZ is showcasing its commitment to sustainability and environmental responsibility. The expansion of the terminal and the establishment of a biofuel processing plant will not only enhance the zone’s infrastructure but also contribute to the overall goal of reducing carbon emissions and increasing the utilization of green fuels in the energy industry.

The partnership between FOIZ and the Mercantile & Maritime Group in expanding the Mena Terminal underscores the growing focus on green energy solutions in the region. By allocating additional land for the construction of a biofuel processing plant, the terminal is poised to become a key player in the production and distribution of green fuels. This collaboration reflects a shared commitment to advancing sustainable practices in the energy sector and contributing to the global efforts to combat climate change through the promotion of renewable and environmentally friendly fuel sources.

In conclusion, the agreement to allocate additional land for the expansion of the Mena Terminal in the Port of Fujairah is a significant development that highlights FOIZ’s commitment to promoting green fuel production and supporting the transition to a more sustainable energy landscape. The project is a testament to the region’s dedication to environmental responsibility and aligns with global efforts to reduce carbon emissions and increase the utilization of green fuels. With the expansion of the Mena Terminal and the establishment of a biofuel processing plant, FOIZ and its partners are setting a positive example for the energy industry by embracing innovative and environmentally friendly solutions.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room July 22, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article UAE: Sheikh Hamdan visits Ministry of Defence, conducts review of operations and latest initiatives
Next Article Stokes commends Bashir for spinner’s five-wicket haul
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports June 10, 2025
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE May 27, 2025
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle May 23, 2025
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World May 22, 2025

You Might also Like

Crypto

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
BusinessCrypto

Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025

May 20, 2025
BusinessGulfUAE

Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World

May 10, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
Business

NTT DATA Business Solutions Expands Presence in UAE with Stronger Regional Leadership

March 28, 2025

Sustainable Moving Services: How Dubai’s Moving Companies Are Going Green

February 20, 2025
Tech

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Business

Smpl Fund I Invests $250,000 in Qora71, Supporting AI and Tech Entrepreneurs in MENA

February 4, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?