Ms. Lina Saheb, Interim Chief Executive Officer of Brooge Energy, stated, "Despite the delay due to the impact of the Covid-19 pandemic on the commencement of phase 2 operations, BPGIC FZE reported unaudited 2022 total revenue of US$79.2 million. Demand for oil storage remains very strong given the current global economic environment and we are benefiting not only from our strategic location, but also from our high-quality infrastructure and automated technology. BPGIC FZE’s 2023 total revenue is forecasted to exceed US$125 million, an increase of approximately 58% year-over-year, as the terminal capacity is currently 100% contracted at better terms."
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