A metals company required a detailed analytical base from which to assess the logistical feasibility of constructing new petroleum storage and terminal facilities in the Middle East. FGE provided the client with a comprehensive analysis of refining capacities, an assessment of storage facilities and oil terminals (reviewing major existing and planned terminals and facilities, storage leasing fees in the Middle East, technical analysis of major facilities, recommendations for expansion, and recommendations of capacity and allocation of storage tanks), and product balances (detailed annual balances for demand, supply, imports and exports) for several Middle Eastern countries.
Our analysis confirmed that a growth in products trade in the region would in fact require additional storage facilities within a particular country, and allowed the client to make a more strategically informed decision surrounding their investment opportunity.