Brooge Energy Limited BROGF

Company Overview

Brooge Energy Limited is an independent midstream oil storage and logistics company focused on the development, ownership, and operation of crude oil and refined product storage infrastructure. The company operates within the energy infrastructure and midstream hydrocarbons industry, providing storage and related services to national oil companies, traders, and integrated energy firms. Its primary revenue driver is long-term storage contracts, typically structured under take-or-pay arrangements, which provide recurring and relatively stable cash flows compared with upstream energy activities.

The company’s core asset is a large-scale oil storage terminal located at the Port of Fujairah, one of the world’s major bunkering and oil storage hubs outside the Strait of Hormuz. Brooge Energy’s strategic positioning is centered on Fujairah’s role as a critical alternative export and storage location for Middle Eastern hydrocarbons. The business traces its origins to the mid-2010s with the development of storage infrastructure in Fujairah and became publicly listed following a reverse merger transaction, after which it expanded tank capacity in phases to serve international customers.