Mawani to build SAR 2 bln one-stop center in Yanbu Port

The Saudi Ports Authority (Mawani) and Alba Nova International, in partnership with Trafalgar Co. Ltd., signed yesterday an agreement to establish an integrated fuel supply center for ships in King Fahd Industrial Port in Yanbu, in partnership with the Ministry of Energy, the Saudi Press Agency reported.

The new center, which will be on an area of ​​393,000 square meters, will have an investment value exceeding SAR 2 billion. It aims to establish tanks for storing, trading, and mixing petroleum materials due to the need of the petroleum industries for this logistical project and according to the operational plan at King Fahd Industrial Port in Yanbu.

The project will be constructed in two phases. In each phase, reservoirs with an area of more than 196,000 square meters and a capacity of 1.2 million cubic meters will be constructed, with an overall capacity of 2.5 million cubic tons.

King Fahd Industrial Port in Yanbu is the gateway to the Kingdom’s petroleum exports to countries around the world. It is the largest port for loading crude oil, refined products, and petrochemicals on the Red Sea, with an area of ​​6.8 square meters, 34 berths, 10 terminals, and a capacity exceeding 210 million tons.