Pinsent Masons advises Emirates National Oil Company for US$100m petroleum pipeline

27 Jun 2012 | 03:23 pm |

International law firm Pinsent Masons has advised Emirates National Oil Company (ENOC) and its subsidiary Horizon Terminals Limited on securing a 10 year Islamic term financing facility for US$100m from Standard Chartered Bank, Emirates NBD and Noor Islamic Bank.

ENOC is the single largest supplier of jet fuel at Dubai International Airport. The company is capable of supplying more than 70 airports across the Middle East and Asia-Pacific regions. The facility finances the construction of a second 60 km jet fuel pipeline from the new bulk liquid petroleum terminal in the Jebel Ali Free Zone to Dubai International Airport, and its associated storage tank farm which has 141,000 cubic metres of capacity. The Pinsent Masons’ team was led by Amir Ahmad, assisted by Mehdi Ali. 

 Commenting on the deal Sachin Kerur Head of Pinsent Masons' Dubai Office said: “We are delighted to have advised ENOC on this strategic transaction. The deal demonstrates our continued support of ENOC and other companies at the forefront of Dubai's development. The deal showcases the breadth of our offering for major energy players in the Gulf and the wider region.”

Latest press releases

Show me all press releases

Pinsent Masons wins Construction Team of the Year at the Middle East Legal Awards

Multinational law firm Pinsent Masons has won Construction Team of the Year at the Middle East Legal Awards 2021.

Pinsent Masons collaborates with LifeArc on expert paper to support drug repurposing

Multinational law firm Pinsent Masons has collaborated with medical research charity LifeArc, on a new report offering expert advice, insights and practical tips to charities, researchers and funders hoping to repurpose drugs for other – often rare and fatal – conditions.

Pinsent Masons advises UCL on £300m sustainability bond

Multinational law firm Pinsent Masons has advised University College London (UCL) on its debut issue of £300m 1.625% sustainability bonds due 2061 - the first publicly listed sustainability bonds in the higher education sector.

People who viewed this press release also viewed

Show me all press releases

Mental health must continue to be top of the agenda for financial services as UK-wide mental health declines in the wake of the pandemic

With national lockdown commencing, financial services experts foresee a continued step-change in support offered to customers grappling with mental health concerns as banks continue to ramp up measures to help consumers manage pressure on finances prompted by the pandemic.

Advising BP on first investment in AI in China

International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B

Pinsent Masons advises Total on its sale of oilfields in the North Sea

International law firm Pinsent Masons has advised French oil giant Total on its sale of several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has partnered with Norway-based private equity investor HitecVision.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts