News: Emirates National Oil Company (ENOC)'s subsidiary Horizon Terminals has announced that a new oil storage terminal and pipeline will be built at the Jebel Ali Port in Dubai. The US$142mn terminal will cater to the fuel needs of the emirate's airport and will have a storage capacity of more than 140,000 cubic metres of oil. It will receive jet fuel from marine tankers and from the adjacent ENOC-owned refinery. Construction is expected to be concluded by the end of 2013. The project also includes a 60km jet fuel pipeline that will connect the terminal with Dubai International Airport and Al Maktoum International Airport.