ADNOC builds crude storage facility in Fujairah mountains
Abu Dhabi National Oil Company (ADNOC) is building a crude oil storage facility under the mountains of Fujairah in the UAE, industry sources familiar with the matter told Reuters. The underground Mandous facility will have the capacity to store about 40 million barrels of oil and is expected to be completed by 2020, one of the sources said. South Korea’s SK Engineering & Construction was awarded a contract to build the facility, the sources said.
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