Fujairah Oil Terminal
Debt Financing in 2021
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.
Kyung Nam Energy
Acquisition in 2017
Kyungnam Energy Co., Ltd. is a distributor of clean and safe natural gas, serving residential, commercial, and industrial customers in South Korea. The company operates an extensive network of pipelines to deliver natural gas, which enhances the quality of life for its consumers while also contributing to environmental preservation. In addition to its role in natural gas distribution, Kyungnam Energy is committed to advancing the renewable energy sector. It focuses on developing innovative energy supply systems, including fuel cells, solar energy, and hydrogen generation projects. By striving to be a leader in the energy industry, Kyungnam Energy aims to support local economies and prepare for a sustainable energy future.
Fujairah Oil Terminal
Private Equity Round in 2015
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.
Fujairah Oil Terminal
Private Equity Round in 2013
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.