The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has received a briefing from Saeed Mohammed Al Tayer, Vice Chairman of the Emirates National Oil Group, ENOC, about the latest developments of ENOC's Jebel Ali refinery expansion project.
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, accompanied H.H. Sheikh Mohammed.
H.H, Sheikh Mohammed was given key details about the expansion project, including the refinery's production capacity and its expected contribution to the development of the country's oil industry. Commercial production of the expanded refinery is expected to commence in Q4 2019.
The US$1.1 billion expansion project will play a leading role in raising the production capacity of Jebel Ali refinery from 140,000 bpd to 210,000 bpd, which can help meet the requirements of local, regional and international markets.
"The expansion of the Jebel Ali refinery reflects ENOC's continuing commitment to play a key role to achieve the vision of the UAE's wise leadership and to drive in more infrastructure development, which falls in line with Dubai 2021 Plan, and the need to meet the growing demand for energy in the emirate. ENOC's expansion strategy also complements the continuing effort to achieve sustainable development in Dubai, while also looking to improve and enhance the efficiency of the energy sector," said Al Tayer.
Saif Al Falasi, CEO of ENOC, also talked about the initiatives that ENOC has undertaken to promote the rationalisation of energy consumption, which is part of the recently-released second report on energy efficiency and management from ENOC.
"The expansion of the Jebel Ali refinery represents our continuing efforts to develop the petroleum industry market, particularly in light of the growing demand for energy in the UAE and the move to develop the refinery project as part of our five-year strategy to provide continuous energy, as efficiently and reliably as possible, in the UAE," said Al Falasi.