Etihad Energy Holding announced that it has signed a long-term offtake agreement with the Government of Fujairah for the sale of gasoline produced from the Etihad Refinery project, which is currently under development in the Emirate of Fujairah.
The agreement marks another milestone for the refinery project by securing a long-term customer for its future gasoline production. The company confirmed that the refinery remains under development.
Key highlights:
• Signed a long-term gasoline offtake agreement with the Government of Fujairah
• Agreement covers gasoline production from the Etihad Refinery project
• Refinery currently under development in Fujairah
• Supports future commercialization of the refinery’s output
• Company to disclose further material developments as the project progresses
According to Etihad Energy Holding, the refinery project remains under development, and the company will continue to provide updates in line with applicable regulatory requirements as material developments occur.
The announcement follows the company’s recent updates on the Etihad Refinery project, which is expected to strengthen its downstream energy platform and expand its presence across the refining and energy infrastructure value chain.
Source: Dubai Financial Market (DFM) Disclosure / Etihad Energy Holding
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.