Bloomberg/Michael Nagle
by Kudakwashe MuzoriwaUAE-based Brooge Petroleum and Gas Investment Company (BPGIC) has started trading on New York’s Nasdaq Stock Exchange following its merger with US-based Twelve Seas Investment Company.
Brooge Petroleum stated that the move is part of the UAE-based oil storage company’s expansion strategy. BPGIC, which was established in 2013, is one of the largest holders of storage assets in Fujairah.
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