Increasing Trade in Fujairah, Oil Storage To Triple by 2024

Capt. John
  • Total oil and crude product storage to reach 11 million cu m in 2021.
  • Fujairah seeing increasing trading among terminal operators.
  • Bunkering may get a boost from new container terminal, cruise ships.

A recent Platts news written by Dania Saadi  and Claudia Carpenter report says that Fujairah is expecting oil storage to triple by 2024 as ADNOC, other tenants expand facilities.

The Port of Fujairah

The Port of Fujairah, the world’s No. 3 bunkering hub, expects its oil storage capacity to triple to...

https://mfame.guru/increasing-trade-in-fujairah-oil-storage-to-triple-by-2024/

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