Independent journal on economy and transport policy
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U.A.E.'s Fujairah Port Seeks Two-Thirds Boost in Fuel Storage
(Bloomberg)
March 15, 2012
By Anthony DiPaola Bloomberg
The United Arab Emirates port of Fujairah, which lies outside the Strait of Hormuz oil-shipment chokepoint, aims to raise fuel storage capacity by about two thirds as tank operators expand at the site, an official said.
The port, the U.A.E.'s largest outside the Persian Gulf, will raise tank capacity to 10 million cubic meters by 2014 from about 6 million cubic meters now, General Manager Mousa Murad said in a March 12 interview. The emirate may also add power facilities and a natural gas import plant at the site, he said ...... Read more on Bloomberg
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