Middle East Economic Survey

VOL. XLVIII

No 20

16-May-2005

UAE

ENOC Unit Breaks Ground For Singapore Products Terminal

Emirates National Oil Company (ENOC) subsidiary Horizon Singapore Terminals has broken ground on the construction of a $205mn bulk liquids terminal located at Singapores Banyan Basin on Banyan Jurong Island, according to an 8 May report in Gulf News. The first phase of the project will provide 27 storage tanks with a capacity of 720,000 cu ms for petroleum products with seven...