Overview
- The deal is valued at over AED 30 billion and is structured on projected 50-year revenue streams.
- AD Ports will commit up to AED 1.3 billion for infrastructure works including dredging and jetty development.
- Nimex Terminals will invest up to AED 2.6 billion to build storage tanks and superstructure such as regasification units, pipelines, loading arms, flare and firefighting systems.
- The LNG site will span 130,000 square metres with 400,000 cubic metres of capacity, while the LPG site will cover 90,000 square metres with 280,000 cubic metres.
- Phased construction targets initial operations by mid-2028 with steady-state by 2031 for LNG and 2033 for LPG, supporting vessel fueling, import–export and transshipment focused on Asian demand and the UAE’s Net Zero 2050 goals.