Abu Dhabi: Enoc Group signed an agreement with Rotary Engineering Fujairah to construct 12 new storage tanks as part of its plans to expand the capacity of its Jebel Ali refinery by 50 per cent, it was announced on Monday.

This follows the announcement of the major EPC contractor signing in September last year for the design and construction of new processing units and ancillary units.

The expansion project comprises three separate packages at an estimated value of $1 billion (Dh3.67 billion) and the expected date for commercial production is Q4 of 2019.

The tanks are designed to store Jet fuel, Naphtha along with Gasoline blend stocks.