VOL. XXXII

NO. 14

9-JANUARY-1989

UAE

Private Oil Storage Terminal Inaugurated at Jebel Ali

The first privately-owned petroleum products storage terminal in the Arabworld was inaugurated last month at the Jebel Ali free trade zone, located some33 kms. from Dubai. The $25mn depot is owned and operated by the Bermuda-registered Star Energy Resources Ltd., which is a wholly-owned subsidiary ofthe Abu Dhabi based Star Energy Corporation Ltd., whose activities cover theacquisition and sale of petroleum...