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Home Business

Misrata Free Zone and Brega Oil Marketing agree to develop the oil berth

byIbrahim Senusi
June 13, 2023
Reading Time: 2 mins read
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Misrata Free Zone and Brega Oil Marketing agree to develop the oil berth

Misrata Free Zone and Brega Oil Marketing agree to develop the oil berth (Photo: MFZ).

During his visit to the Misrata Free Zone (MFZ), the Chairman of Brega Oil Marketing Company, Fouad Belrahim, agreed with the Chairman of the Management Committee of the MFZ, Mohsen Al-Sakwary, on the development and modernization of the oil berth for receiving fuel tankers.

In an interview with Libya Herald, the Director of the MFZ Media Office, Alaeddin Baba, said, “The two parties discussed issues related to receiving oil ships and developing the existing situation at the MFZ oil berth. They also discussed the implementation of current and future projects in the region and considering technical requirements for the network of oil derivatives transport lines passing through the MFZ and its surroundings.

Several sustainable development projects
The two sides also agreed on coordination in several sustainable development projects that the Brega Oil Marketing Company intends to implement, in addition to the agreement to take the necessary measures on the part of the Brega Oil Marketing Company regarding the development and maintenance of handling systems and extinguishing fires at the oil berth.

Projects will attract foreign investments
The Media Office Director stressed the MFZ’s readiness to provide full support to start the agreed projects because of their positive effects on the work of the free zone in attracting foreign investments that focus on completing infrastructure projects. These projects can provide direct services to investors within the MFZ, or to the MFZ or providing services to citizens outside it. This is especially those projects related to the provision of fuel, which contributes directly to facilitating people’s lives and thus stimulating the economic movement.

Container terminal paving project
On another note, Baba noted the continuation of the implementation of the second phase of the container terminal paving project. This involves the paving of concrete slabs with an area of 43,000 square meters, to be ready for storing containers, in addition to an area designated for containers of hazardous materials.

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Baba said, “The project consists of two phases, the first phase which is nearing completion, with an area of more than 55,000 square meters, with a completion rate of more than 98%. The completion rate of the project in its first and second phases is estimated at 71%. It includes yards equipped for storing containers, refrigerated containers, and containers of hazardous materials. It will be equipped with all handling mechanisms and equipment and berths, such as mobile cranes on the STS tracks and cranes for the RTG yards, a lighting system and cameras, a drinking water supply system to supply ships with water, and a fire extinguishing system.

It is worth noting that the MFZ port receives fuel tankers that provide the needs of the central region of Misrata by unloading their cargo through pipelines extending from the oil berth at the port to the fuel depot tanks in the Qasr Ahmed area.

Tags: Brega Marketing CompanyMFZ Misrata Free Zone

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