Sultan al-Jaber, CEO of Abu Dhabi state oil firm Adnoc, this week highlighted the key role that Fujairah is to play in its planned move into trading. Speaking at the Gulf Intelligence Energy Markets Forum in Fujairah on 1 October, Mr Jaber said Fujairah is “a key partner for Adnoc’s growing ambitions in global energy trading. Alongside international partners, we are creating a world-class storage and trading capability, with important components based here in Fujairah.”

Mr...