As the third largest oil storage and petroleum products trading center and second largest bunkering port in the world, Fujairah is in vogue in the storage industry
Fujairah Oil Terminal (FOT) broke new ground as the first independent crude oil storage terminal in the Middle East and seeks to capitalise on its coveted position within the influential storage hub.
Nestled close to the Port of Fujairah, a thriving oil products trading hub, the facility boasts 1.17 million m3 of capacity spread across 34 tanks and despite land constraints making it difficult to expand with ease, the company has its sights firmly set on future expansions.
In an interview with Tank Storage Magazine, commercial director Malek Azizeh, says that the area is an attractive proposition for traders and operators, principally due to the range of services and the level of connectivity at the port of Fujairah.
‘Fujairah offers the trading environment a one stop shop of services. You can bunker, trade and maintain...