Shell Set For Major Fujairah Storage Lease
Fujairah Terminal And Hormuz Bypass Pipeline
Shell is set to lease, by end-2013, 3mn barrels of storage at Vopak Horizon Fujairah’s facility at the bustling bunkering and trade hub on the Gulf of Oman, according to various media sources.  Shell would not confirm the details of the agreement to MEES. 
Shell’s lease underscores the growing importance of Fujairah to the industry and comes on the...