Petroleum And Petroleum Storage

Welcome to Rushmore Petroleum Hub

Modern Storage Solution in Hamriya Port, Sharjah.

Rushmore Petroleum Hub is here to make storing your petroleum products simple and secure. Our facility in Hamriya Port, Sharjah, is designed with the latest technology to keep your products safe and easily accessible.
Located in a prime spot with great transportation access, we offer storage options for all your needs, whether short-term or long-term.

Our team is dedicated to keeping your products safe. With top-notch security measures in place, you can trust us to handle your petroleum products with care.
We understand that reliability is key in the petroleum industry. That’s why we’re committed to providing flexible and cost-effective storage solutions tailored to your needs.

  • Our facility boasts its own pipelines running from both the Main Harbour and the Inner Harbour.
  • This strategic infrastructure ensures efficient transportation of petroleum products to and from our storage facility.
  • With dedicated pipelines, we streamline logistics and minimize transportation costs for our clients.

 

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Whether accessing the facility from the Main Harbour or the Inner Harbour, our pipeline network ensures seamless connectivity and reliable service.

We have special pipelines that connect directly to both the Main Harbour and the Inner Harbour. These pipelines help us move products easily in and out of our storage facility. It means we can quickly transport things like petroleum without relying on external transportation methods. With our own pipelines, we make sure everything runs smoothly, whether it’s coming from the Main Harbour or the Inner Harbour.

  • We’re one of just three companies that have access to both the Main Harbour and the Inner Harbour.

Welcome to our port facility, boasting a sprawling land plot spanning 11,250 square meters. Here, all land is available for long-term lease, ensuring stability and continuity for your operations. Our lease terms are designed with your convenience in mind, offering renewals every five years.

  • Our asset holding company is exclusively owned by one shareholder.
  • We proudly maintain a debt-free status, ensuring financial stability and security for our operations.

Our storage facility boasts an impressive capacity of 75,600 metric tons, providing ample space to accommodate your storage needs with ease and efficiency. Within our facility, we offer a versatile storage solution with a total of 16 tanks of varying sizes. This diversity allows us to cater to a wide range of storage requirements, ensuring flexibility and adaptability for our clients’ needs. We’ve equipped our facility with the latest fire safety measures, including a state-of-the-art fire extinguisher room sourced from Clarke USA.

The harbor’s berth is constructed with a deep design, allowing for the safe and secure docking of larger vessels, ensuring their stability and safety while moored. Selling our asset holding company is simple and straightforward, providing ease and clarity throughout the process. In our market, we engage with up to 10 primary product importers, representing a diverse range of industries and sectors.

Our storage facility currently has one client who has leased 100% of our capacity, deviating from the typical market practice of prorated allocations. Specifically, we’re serving X Vitol managers who are consistently stocking diesel on a monthly basis. Our agreement entails an annual contract, comprising 12 monthly payments starting from April, totaling AED 1.5 million. Additionally, there are minor operational charges for pipeline usage amounting to approximately AED 27,000.

The expenses are uncomplicated

In addition to the aforementioned expenses, our company incurs various other operational costs :

  • Leasing cost of the land plot at Hamriya Port, currently amounting to AED 50,000 per month.
  • Monthly salaries for our workforce, which includes management, day and night teams, operational managers, and supervisors, totaling AED 120,000 over 23 months.
  • Monthly expenditure on electricity for generators, fueled by approximately AED 25,000.
  • Operational expenses (OPEX) covering water usage, spare parts procurement, maintenance, control room operations, and other miscellaneous expenses.