{"id":668,"date":"2025-03-27T06:58:00","date_gmt":"2025-03-27T06:58:00","guid":{"rendered":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/?p=668"},"modified":"2026-06-16T07:00:34","modified_gmt":"2026-06-16T07:00:34","slug":"ad-ports-group-and-oylz-terminals-sign-strategic-agreement","status":"publish","type":"post","link":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/03\/27\/ad-ports-group-and-oylz-terminals-sign-strategic-agreement\/","title":{"rendered":"AD Ports Group and Oylz Terminals Sign Strategic Agreement to Develop a World-Class Petroleum Storage Terminal at Khalifa 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Dhabi, UAE \u2013 27 March 2025<\/strong>: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, today announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to develop a world-class clean petroleum storage facility in Khalifa Port. The agreement will see Oylz\u00a0Terminals develop a state-of-the-art 600,000 cbm tank storage facility at Khalifa Port Logistics Hub in two phases, further enhancing the port's capabilities, and reinforcing its position as a key energy storage and trading hub in the region. The first phase of the facility is expected to commence operations in mid-2027.<\/p>\n<p><strong>Saif Al Mazrouei, Chief Executive Officer, Ports Cluster - AD Ports Group<\/strong>, commented on the agreement: \"We are delighted to welcome Oylz Terminals to Khalifa Port. This agreement underlines the strategic importance of Khalifa Port as a vital trade hub, not only for the UAE but for the entire region. This liquid storage terminal will enhance our port's capabilities and attract more customers seeking world-class infrastructure and seamless access to global markets. We look forward to a long and prosperous partnership with Oylz Terminals.\u201d<\/p>\n<p><strong>Dr. Khalid Omar Mohamed Hamad Almidfa, Chairman - Oylz Terminals<\/strong>, said: This milestone project reflects our commitment to developing best-in-class infrastructure that not only fortifies Abu Dhabi\u2019s position as a global energy hub, but also paves the way for Oylz Terminals\u2019 continued expansion. This agreement will lay the foundation for an efficient, sustainable, and future-ready terminal, poised to serve regional and international customers. We thank everyone whose support made this collaboration possible, and we look forward to unlocking even greater opportunities together.\"<\/p>\n<p>The new liquid storage facility is expected to play a crucial role in supporting the UAE's position as a major commodity distribution hub for the region and will contribute to economic growth by creating new job opportunities and fostering further trade activities.<\/p>\n","show_read_more":"0","content_for_read_more":""},"_links":{"self":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/comments?post=668"}],"version-history":[{"count":1,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/668\/revisions"}],"predecessor-version":[{"id":672,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/668\/revisions\/672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media\/670"}],"wp:attachment":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media?parent=668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/categories?post=668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/tags?post=668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}