UAE
 
Gulf Petrochem Inaugurates Fujairah Product Storage
 
The UAE’s Gulf Petrochem inaugurated on 27 February the $130mn first phase of its storage terminal project at Fujairah port in the emirate of the same name – adding 412,000 cu ms of product storage to the bustling Gulf of Oman bunkering hub. Fujairah Petroleum Company, owned by the emirate, has a 12% stake in the bunker fuel and gasoil storage project that will make use of existing loading...