AD Ports Group, a leading facilitator of global trade, logistics, and industry, has officially announced the signing of a landmark 50-year agreement with Oylz Terminals, a UAE-based oil supply and distribution provider, to develop a world-class clean petroleum storage facility at Khalifa Port.
This strategic partnership will see the construction of a state-of-the-art 600,000 cubic meters (cbm) tank storage facility at the Khalifa Port Logistics Hub, a key gateway for global trade. The development will be carried out in two phases, with the first phase expected to commence operations in mid-2027. Once completed, the facility will significantly enhance Khalifa Port’s infrastructure, reinforcing its role as a critical energy storage and trading hub in the region.
The new liquid storage facility will serve a vital role in supporting the UAE’s ambitions to remain a major global commodity distribution hub. It is poised to attract a wide range of regional and international customers, contributing to Abu Dhabi’s strategic vision of becoming a leading center for energy trade and distribution.
A Key Development for Khalifa Port’s Growth
Saif Al Mazrouei, Chief Executive Officer of the Ports Cluster at AD Ports Group, expressed enthusiasm about the agreement, stating, “We are delighted to welcome Oylz Terminals to Khalifa Port. This agreement underlines the strategic importance of Khalifa Port as a vital trade hub, not only for the UAE but for the entire region. This liquid storage terminal will enhance our port’s capabilities and attract more customers seeking world-class infrastructure and seamless access to global markets. We look forward to a long and prosperous partnership with Oylz Terminals.”
The partnership emphasizes the long-term vision of Khalifa Port, which has increasingly become a critical trade and logistics hub. With its deepwater capabilities and strategic location, the port is well-positioned to handle a significant volume of global trade, especially in the energy sector.
Oylz Terminals’ Commitment to Sustainable Growth
Dr. Khalid Omar Mohamed Hamad Almidfa, Chairman of Oylz Terminals, commented on the significance of the agreement, stating, “This milestone project reflects our commitment to developing best-in-class infrastructure that not only fortifies Abu Dhabi’s position as a global energy hub but also paves the way for Oylz Terminals’ continued expansion. This agreement will lay the foundation for an efficient, sustainable, and future-ready terminal, poised to serve regional and international customers. We thank everyone whose support made this collaboration possible, and we look forward to unlocking even greater opportunities together.”
The new terminal will be designed with advanced technology and sustainable practices in mind, ensuring that it meets the highest standards of environmental and operational efficiency. Oylz Terminals plans to use this development as a springboard for expanding its capabilities and capacity to support energy distribution both within the UAE and internationally.
Boosting the UAE’s Energy and Trade Sectors
The establishment of the clean petroleum storage facility is expected to be a game-changer for the UAE’s energy sector, providing much-needed infrastructure to store and distribute petroleum products efficiently. In addition to its direct contributions to the energy industry, the project will also stimulate local economic growth by generating job opportunities and encouraging increased trade activities.
The UAE has long been a key player in global energy markets, and this new facility will further cement its status as a critical node in the international supply chain for petroleum and other energy products. This project is set to bolster the UAE’s ambitions to diversify its economy while strengthening its leadership in global trade.
About Oylz Terminals
Oylz Terminals is a leading UAE-based oil supply and distribution provider specializing in the development and operation of petroleum storage infrastructure. With a focus on providing sustainable, efficient, and reliable services, Oylz Terminals supports the global energy trade and helps facilitate the movement of petroleum products across regional and international markets. Through strategic partnerships and innovative solutions, Oylz Terminals continues to expand its operations and solidify its position as a key player in the energy storage sector.
About AD Ports Group
AD Ports Group is a key enabler of trade and logistics, supporting the UAE’s economic diversification and growth. The company’s integrated business model spans across five major clusters: Digital, Economic Cities & Free Zones, Logistics, Maritime & Shipping, and Ports. AD Ports Group connects global maritime routes and international trading partners, offering world-class services across its network of ports and logistics hubs.
Over the years, AD Ports Group has developed into an integrated premier enabler of trade, industrialization, and economic diversification. Established by Emiri Decree and owned by ADQ, one of the region’s largest holding companies, AD Ports Group continues to play a vital role in the UAE’s long-term economic vision.
Source AD Ports Group