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ENOC inaugurates facility in North Africa

ENOC_-_HTL_TANGIER_TERMINAL_Pic2Emirates National Oil Company has inaugurated a new US$180mn facility in Tangier, Morocco

Horizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), has created the facility at the strategic North African coastal location at the western entrance to the Strait of Gibraltar where the Mediterranean Sea meets the Atlantic Ocean. It is located at the crossing of two major maritime routes, and well positioned to draw on business with Europe, with the facility only 15 km from the European Union.

Horizon Tangier Terminal can store petroleum products including fuel oil, petrol and gasoil with a total capacity of 508,000 cu/m, and has access to road tankers and vessels. The terminal is equipped with two berths of 30,000 DWT to 70,000 DWT in addition to eight truck loading bays for petroleum products, rail wagon loading, blend plant and recirculation systems.

His Excellency Fouad Douiri, Minister of Energy, Mines, Water & Environment; His Excellency Aziz Rebbah, Minister of Infrastructure & Transport; His Excellency Mohamed Najib Boulif, Deputy Minister to the Prime Minister in charge of General Businesses & Governance; His Excellency Abedlkader Aâmara, Minister of Industry Trade & New Technologies; His Excellency Mohamed Hassad, Governor (Wali) of Tangier Province and Saeed Abdulla Khoory, Chief Executive Officer of ENOC attended the ceremony held in Tangier recently to mark the official opening of the facility.

“We are thankful to the government of Morocco for the continued support and encouragement for the opening of the new facility,” said ENOC CEO, Khoory. “Horizon Tangier Terminal not only highlights the growing footprint of our storage business internationally, but is a strong indicator of the ENOC’s international expansion plans. The terminal will contribute to the overall social and economic growth of Morocco, drive foreign trade and open up new opportunities for business in the petroleum sector. ENOC is committed to introducing global best practices at the terminal.”

The Tangier terminal will provide bunker services as well as serving the transit market for international petroleum marketing companies. HTL, the independent terminal arm of ENOC, manages more than five million cu/m of storage with a network of nine terminals ranging in location from South Korea to Morocco.

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