Brooge Energy Ltd
broogeenergy.comWhat Do They Do?
Operates oil storage terminals and provides storage, heating, blending and transfer services for oil traders and other oil companies.
20-F, filed May 1, 2025BPGIC is an oil storage and service provider strategically located in the Port of Fujairah in the emirate of Fujairah in the UAE. BPGIC’s…View ↗
Phase I comprises 14 oil storage tanks with an aggregate geometric oil storage capacity of approximately 0.399 million m3 and related…View ↗
Phase II focus its operations primarily on the storage and blending of crude oil and clean petroleum products. Phase II involves eight…View ↗
Under the existing Commercial Storage Agreements, BPGIC is able to supplement its revenue by providing the existing Storage Customers…View ↗
Who Are Their Customers?
Storage customers contract with BPGIC for tank capacity and can also use throughput, blending, heating and inter-tank transfers; the company identifies oil traders as potential users of its facilities.
20-F, filed May 1, 2025BPGIC generates stable and predictable cash flows for its storage services by providing fee-based, take-or-pay storage services to the…View ↗
BPGIC entered into the Commercial Storage Agreements, pursuant to which the Storage Customers pay a monthly fixed storage fee to lease the…View ↗
Under the existing Commercial Storage Agreements, BPGIC is able to supplement its revenue by providing the existing Storage Customers…View ↗
The Company is focused on diversifying its potential customer base over the medium to long-term. Due to Phase I’s strong performance track…View ↗
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