AD Ports, Nimex Terminals to establish LNG, LPG terminal hubs at Khalifa Port

The UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have signed two long-term agreements to establish liquefied natural gas (LNG) and liquefied petroleum gas (LPG) terminal hubs at Khalifa Port.

The UAE’s first private-sector LNG and LPG terminal hubs will strengthen the country’s position as a global energy hub, according to AD Ports.

Capable of accommodating large, long-haul gas carriers, these two facilities will expand Khalifa Port’s capabilities to meet the evolving demand of international energy trade, while supporting the UAE’s Net Zero 2050 strategy.

The deal, based on the projected 50-year multiple revenue streams from the two terminal hubs, is valued at over AED 30 billion (over USD 8 billion).

The agreements will provide Khalifa Port with the infrastructure required to fuel vessels with lower-emission LNG and LPG, two of the fastest-growing alternative fuels in the global maritime industry.

“These agreements represent a transformative milestone for Khalifa Port and the UAE’s energy sector. Through our partnership with Nimex Terminals, we will equip Khalifa Port, one of the world’s fastest