Mercantile & Maritime Group Launches Middle East's Largest Biofuel Facility

The Mercantile & Maritime Group, a prominent global energy and logistics provider, has announced a substantial expansion of its fully-owned MENA Terminals facility in Fujairah. Known for its expertise in the physical trading of oil and gas as well as advisory services, the group is investing AED 2.2 billion in a new, state-of-the-art biofuel processing plant. This ambitious project underscores Mercantile & Maritime’s commitment to promoting sustainable energy solutions and supports the UAE’s broader vision of pioneering environmental leadership.

Expanding Capacity for Sustainable Aviation Fuel (SAF)

The planned biofuel facility at MENA Terminals will undergo a massive expansion of over one million square feet, with completion expected by 2026. Once operational, the facility aims to produce up to 150 million litres of sustainable aviation fuel (SAF) annually—equivalent to around 10% of the current global SAF output. This development represents a major milestone in sustainable energy for the Middle East, advancing the UAE’s carbon reduction targets and its strategic ambition to become a key player in the low-carbon aviation fuel sector.

In his comments, Mr Murtaza Lakhani, CEO of Mercantile & Maritime said: “This expansion is a significant step forward for Mercantile & Maritime Group and sustainable energy across the UAE. We are deeply grateful to the UAE’s wise leadership and His Highness Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, for his enduring support and vision, which has been pivotal in making this milestone possible. Fujairah’s strategic location and forward-thinking leadership make it an ideal home for our biofuel facility at MENA Terminals, the largest of its kind in the Middle East, and our investment in this facility reflects our commitment to environmental responsibility. In line with the ‘UAE Net Zero 2050’ initiative, we are proud to contribute to a sustainable future for the UAE, and the wider region. By producing SAF locally, we are reducing the nation’s reliance on imports, thereby lessening carbon emissions and minimizing environmental impact across the entire supply chain, including traditional shipping methods. Alternatively, we will utilize the local rail network to transport SAF across the UAE, with future plans for regional distribution. The SAF processing plant will integrate advanced artificial intelligence to optimise refinery operations and maintenance. Additionally, the facility will adhere to global standards set by IATA, CORSIA, and RED III, supporting the highest levels of environmental compliance.”

Unveiling the Future at ADIPEC 2024

MENA Terminals is showcasing this groundbreaking project at the ADIPEC 2024 event, running from November 4 to 7 at the Abu Dhabi National Exhibition Centre. Attendees are invited to visit the MENA Terminals exhibit in Hall 1, where a 3D model of the facility provides an immersive preview of the upcoming biofuel plant. This exhibit offers a unique opportunity to explore the innovative design and capabilities of the new facility that will drive the UAE’s green transition.