AD Ports, Nimex to Build $8 Billion LNG, LPG Terminal Hubs at Khalifa Port
AD Ports Group and Nimex Terminals have signed an $8 billion agreement to build LNG and LPG terminal hubs at Khalifa Port. The five-year development will expand storage and export capacity for low-emission fuels, supporting the UAE’s growing role in global energy logistics.
ABU DHABI (P&GJ) — AD Ports Group has signed two long-term agreements with Nimex Terminals to develop the United Arab Emirates’ first private-sector liquefied natural gas (LNG) and liquefied petroleum gas (LPG) terminal hubs at Khalifa Port, in a deal valued at over AED 30 billion ($8 billion).
The projects are designed to strengthen the UAE’s position as a global energy and logistics hub and support the country’s Net Zero 2050 strategy. Once operational, the LNG and LPG terminals will enable vessel fueling and transshipment, expanding Khalifa Port’s capability to meet growing international demand for cleaner energy.
Under the agreements, AD Ports Group will invest up to AED 1.3 billion ($354 million) in dredging and jetty development, while Nimex Terminals will contribute AED 2.6 billion ($700 million) toward storage tanks, regasification units, pipelines, flare structures, and other associated infrastructure.
The LNG terminal will span 130,000 square meters with 400,000 cubic meters of cryogenic storage capacity, while the LPG facility will cover 90,000 square meters with 280,000 cubic meters of total capacity. Both facilities will serve as import, export, and transshipment hubs, targeting growing demand from Asian markets.
Construction will take place in phases over five years, with initial operations expected by mid-2028. The LNG terminal is projected to reach full capacity by 2031, and the LPG terminal by 2033.
“These agreements represent a transformative milestone for Khalifa Port and the UAE’s energy sector,” said Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group. “Through our partnership with Nimex Terminals, we will equip Khalifa Port with lower-impact fuel infrastructure that advances our commitment to a more sustainable future.”
Azmat Mahmood, Executive Chairman of Nimex Terminals Ltd., said, “The LNG and LPG infrastructure investments we have agreed upon will further enhance the attractiveness of one of the world’s fastest growing container ports and reaffirm our commitment to driving sustainable economic growth.”
The developments are expected to attract foreign investment, create high-value jobs, and boost regional shipping and logistics activity across the Middle East.