Azeri SOCAR, Switzerland’s Aurora agree on partnership
Azerbaijan’s state energy firm SOCAR and Switzerland’s Aurora
Progress S.A have agreed on partnership in developing the oil
products terminal that is being built in the United Arab Emirates’
Fujairah seaport. SOCAR will be represented by the Geneva-based
SOCAR Trading company.
The SOCAR AURORA Fujairah Terminal, which is scheduled for
comissioning in early 2011, will contain 20 storage tanks with
total capacity of 641,000 cubic meters and will receive fuel oil,
gasoline, kerosene and diesel fuel. Also, as an independent
operator, third parties could be offered to store their oil
products at the terminal.*
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