Increase in Oil Bunkering
AMEInfo recently announced (11 May 2009) that Emirates General Petroleum Corporation 'Emarat' has commenced the construction works of the expansion project at the Fujairah Storage Unit for storing and distributing gas oil, fuel, gasoline and jet fuel.
Expanding the Fujairah Storing Unit will increase the storage capacity from 50 thousand cubic meters to 250 thousand cubic meters.
New Industrial Fujairah Port
Captain Mousa Murad, the General Manager of Fujairah Port, told Business Intelligence Middle East that work on constructing a new port – called the Industrial Port – is under way,
Earlier this year (12 February 2009) Business Intelligence was told:
“When complete the terminal will be able to handle up to 70% of Abu Dhabi's total crude exports. The location near Fujairah Port means the oil will not have to pass through the strategically sensitive Strait of Hormuz.”
“Supplies will be delivered to the port through a pipeline and stored in giant reservoirs on the docks.”
Plans to build an oil refinery in Fujairah, in cooperation with the government of Abu Dhabi, with a capacity of up to 500,000 barrels per day, was being studied, said Murad.
Dr Geoff Pound
Image: Fujairah Port.