Middle East Economic Survey

VOL. XLVII

No 29

19-July-2004

UAE

Belleli Wins Jebel Ali Products Storage Contract

Belleli of Italy has won a contract to build a new petroleum products storage and distribution terminal at Jebel Ali for Emirates General Petroleum Corporation (Emarat) worth around $48mn. The Italian firm, which faced competition for the contract from Chicago Bridge & Iron, and Indias Punj Lloyd and Larsen & Toubro, will build 13 storage tanks with total capacity of...