Brooge Energy Limited, incorporated in the Cayman Islands, is the parent company of Brooge Petroleum and Gas Investment Company FZE (BPGIC), a midstream oil storage and service provider strategically located outside the Strait of Hormuz adjacent to the Port of Fujairah in the United Arab Emirates. BPGIC’s oil storage business differentiates itself from competitors by providing its customers with fast order processing times, excellent customer service and high accuracy blending services with low oil losses.
Brooge Energy is listed on NASDAQ with the symbols BROG and BROGW.
Our 100% owned subsidiary BPGIC was founded on the premise of operating some of the most technologically advanced bulk liquid storage facilities in the world to ensure that all our customers, whether oil majors or smaller energy traders benefit from minimal loss in time, money and end product volume and quality. Our promise to them, will help them achieve their promise to their customers.
Safety, security and careful handling of products is our core ethos. We work to ensure that while we continue to facilitate the flow of energy, we do so without putting our people in harm’s way or endangering our ecosystem. At BPGIC, we know what exceptional service means and are committed to it.
We provide a wide range of services including Storage, Blending, Heating and Additive Injection that enhance our clients’ experience, and set us apart from competitors in the industry. We have made it a point to provide our clients fast order processing times, excellent customer service and high accuracy blending services with low oil losses. Our terminal uses some of the industry’s most advanced technologies with a stripping system that can reduce product loss by over 80%. Further, our terminal currently has high-capacity pumping of up to 16,000 M3 per hour.
BPGIC currently operates its Phase I and Phase II facility. Phase I comprises 14 storage tanks for refined oil products with an aggregate geometric capacity of 399,324 cbm. BPGIC’s Phase II facility consists of 8 tanks for crude oil with an aggregate geometric storage capacity of 601,600 cbm. Combined, BPGIC is offering approximately 1 Million cbm of geometric storage capacity across 22 tanks.
BPGIC is also in negotiations with a partner to design, locate, install and operate a refinery with capacity to produce 25,000 bpd of IMO 2020 – compliant bunker fuel. Further expansions of storage and refining capacity are currently in design.
At BPGIC, we care about storage needs and go the extra mile to make sure customers are satisfied with our services. Our team works closely together to share their knowledge, expertise and best practices. This enables BPGIC to respond rapidly and accurately to meet customer needs and market developments.
