MOSCOW (MRC) -- Abu Dhabi National Oil Company (ADNOC), with its subsidiary company ADNOC Distribution, hosted an official opening ceremony for its new "North Depot" aviation fuel facility at Abu Dhabi International Airport, as per Hydrocarbonprocessing.
The ceremony was overseen by Abdulla Salem Al Dhaheri, Director of Marketing, Sales and Trading for ADNOC, and Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution. It was attended by senior ADNOC and ADNOC Distribution executives and key stakeholders, including Abdul Majeed Al Khoori, Acting Chief Executive Officer of Abu Dhabi Airport.
"The opening of the North Depot at Abu Dhabi International Airport’s new Midfield Terminal represents the latest stage in our growth and expansion strategy to meet the needs of aviation customers,” said Abdulla Salem Al Dhaheri, Director of Marketing, Sales and Trading for ADNOC. "Through ADNOC Group, we now refuel as many as 34 aircraft per hour at 26 fuel depots across the UAE. More than 200 customers in the civil and military sectors rely on our high standard products and services, distributed through state-of-the-art fueling facilities, and with health, safety, and the environment (HSE) at the core of all operations."
Over USD200 MM was invested in the fuel depot at the new Midfield terminal to meet an anticipated significant increase in demand for aviation fuel from Etihad Airways and its associated airlines. With a fuel storage capacity of 96 MM liters - comparable to the amount of water needed to fill 38 Olympic size swimming pools - the North Depot will be the airport’s exclusive provider of Jet A1, a fuel manufactured to meet the most stringent standards and specifications as recognized by its international validation.
The North Depot will provide up to 6.5 MM liters of fuel per hour through a battery of 24 pumps controlled by a Basic Process Control System with sophisticated gauging mechanisms to monitor the level of fuel in the depot’s tanks: the facility will be capable of fueling more than 100 aircraft simultaneously as a result. To ensure the highest safety levels, the depot is equipped with advanced fire detection and fire suppression/firefighting systems. Continuity of service is ensured by a full generator backup facility to power the depot and its pumps in the event of a cut in electric power from the public grid.
A key element in the realization of Abu Dhabi Vision 2030, Abu Dhabi International Airport’s new Midfield Terminal, which will be served by the North Depot, has the capacity to handle more than 30 MM passengers annually after it becomes fully operational.
As MRC informed before, ADNOC is targeting rapid growth in demand for its polymer products from China’s automotive industry and the country’s investment in gas and electricity infrastructure. ADNOC is focused on market expansion in China and Asia, where demand for petrochemicals and plastics, including light-weight automotive components, essential utility piping and cable insulation, is forecast to double by 2040.
The Abu Dhabi National Oil Company or ADNOC is the state-owned oil company of the United Arab Emirates (UAE). According to the Oil & Gas Journal, as of January 2015, the UAE holds the seventh-largest proven reserves of oil in the world at 97.8 billion barrels. Most of these reserves are located in Abu Dhabi. It is the world's 11th largest oil company by production, standing at 3.1 million barrels per day.It is the UAE's biggest company.