UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of February 2023
Commission File Number 001-39171
BROOGE ENERGY LIMITED
(Translation of registrant’s name into English)
c/o Brooge Petroleum and Gas Investment Company
FZE
P.O. Box 50170
Fujairah, United Arab Emirates
+971 9 201 6666
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only
permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):☐
Note: Regulation S-T Rule 101(b)(7) only
permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer
must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized
(the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities
are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the
registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
NO OFFER OR SOLICITATION
This report and the exhibits hereto are for
informational purposes only and are neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities
or the solicitation of any vote in any jurisdiction, nor shall there be any sale, issuance or transfer or securities in any jurisdiction
in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section
10 of the Securities Act of 1933, as amended (the “Securities Act”), or pursuant to an exemption from the registration requirements
of the Securities Act.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This report and the exhibit hereto contain
“forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform
Act of 1995, that involve risks and uncertainties concerning Brooge Petroleum and Gas Investment Company’s (“BPGIC”),
Brooge Petroleum and Gas Investment Company Phase III FZE’s (“BPGIC III”) and Brooge Energy Limited’s (“Brooge
Energy”) expected financial performance, as well as their strategic and operational plans. Examples of forward-looking statements
include, among others, statements we make regarding: (i) projected completion, start of operations, operating capacity and capabilities,
and operating results, such as revenue growth, earnings, and EBITDA, at facilities that are not yet constructed; (ii) our future market
position and growth prospects; (iii) expected conditions in the local, regional and global oil markets; (iv) expected operating results,
such as revenue growth, earnings, and EBITDA; (v) anticipated levels of capital expenditures and uses of capital for fiscal years 2022,
and 2023; (vi) expected future supply and demand of oil; and (vii) strategies for customer retention, growth, product development, market
position, financial results, reserves and risk management. The actual results may differ materially from expectations, estimates and projections
due to a number of risks and uncertainties and, consequently, you should not rely on these forward looking statements as predictions of
future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “would,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions
are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to: These factors
include, but are not limited to: (1) non-payment or non-performance by BPGIC's principal customers or end-users; (2) challenger in customer
demand with respect to ancillary services provided by BPGIC including throughput, blending, heating, and inter tank transfers; (3) a decline
or disruption of supply or demand of oil and gas; (4) higher fuel taxes or other governmental or regulatory actions that increase the
price of gasoline or diesel; (5), changes to applicable regulations or new regulations, including those affecting the petroleum products
serviced by BPGIC such as climate change legislation and regulations restricting the emission of greenhouse gases; (6) the extent to which
BPGIC is successful in developing new long-term relationships with customers or retaining existing ones in the competitive oil storage
market in the Port of Fujairah and other ports; (7) the group's ability to effectively manage the risks and expenses associated in the
,construction of Phase 3, as well as oilier growth and expansion projects; (8) the results of future financing efforts, including the
group's ability to obtain financing for Phase 3 ,on commercially reasonable terms; (9) the group's ability to obtain additional land on
which it can develop additional facilities on commercially attractive terms; (10) the ultimate geographic spread, duration and severity
of the coronavirus outbreak and the effectiveness of actions taken, or actions that may be taken, by governmental authorities to contain
the outbreak, or ameliorate its effects; (1l) changes in expectations of future prices for refined petroleum products; (12) accidents
involving the handling of oil products at BPGIC's terminal; (13) disruptions to BPGIC's technology network including computer systems
and software; (14) natural events such as severe weather, fires, floods and earthquak.es or man-made or other disruptions of BPGIC's operating
systems, structures, or equipment or of the Port of Fujairah's facilities; (15) political and economic conditions in Fujairah and the
Unit1ed Arab Emirates, as well as the occurrence of hostilities, political instability or ,catastrophic events in Fujairah, the United
Arab Emirates and the MENA region; (16) ,changes in labor costs; (17) unlawful or arbitrary ,governmental action; (18) the possibility
that BPGIC may be adversely affected by other economic, business, and/or competitive factors; and (19) such other risks and uncertainties
indicated from time to time in filings with or submissions to the Securities and Exchange Commission by Brooge Energy Limited.
CONTENTS
Furnished as Exhibit 99.1 is a copy of an investor
presentation, dated February 24, 2023, to be used by Brooge and BPGIC.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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BROOGE ENERGY LIMITED |
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Date: February 27, 2023 |
By: |
/s/ Lina S. Saheb |
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Name: |
Lina S. Saheb |
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Title: |
Interim CEO |
2
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