AD Ports signs $8-B deal with Nimex to build UAE’s first private LNG, LPG terminal hubs

11/4/2025

Abu Dhabi Ports Co. (AD Ports) has signed an agreement with Nimex Terminals valued at more than 30 B AED ($8.17 B) to establish the UAE’s first private-sector LNG and LPG terminal hubs, the company said on Tuesday.

The two facilities will be developed in phases over five years. Under the agreements, AD Ports will invest up to 1.3 B dirhams to develop the required infrastructure, including dredging and jetty development, while Nimex Terminals will invest up to 2.6 B dirhams in advanced LNG and LPG storage tanks and related construction.

($1 = 3.6729 UAE dirham)