Brooge Petroleum and Gas Investment Co

UAE’s BPGIC to Raise Storage Capacity to 4.5 mcm Across 22 Tanks

The UAE’s Brooge Petroleum and Gas Investment Co (BPGIC) announced in a statement published on Zawya on October 10, 2019, that it plans to boost the crude oil storage capacity and expand refining facilities after managing to lease additional land in the bunkering hub of Fujairah.

Brooge to Construct Oil Refinery in Fujairah

The refinery is set to produce bunker fuel with a production capacity of 250,000 barrels per day (b/d).7

UAE’s Brooge Petroleum Targets 2018 London IPO

Emirati Brooge Petroleum and Gas Investment Co (BPGIC) plans to raise $400 million in capital in an initial public offering (IPO) on the London exchange before the end of 2018.

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