VOL. XLII

No. 04

25-January-1999

UAE

UAE Inaugurates Fujairah Oil Storage Terminal

The UAE inaugurated a new fuel storage tank terminal in theemirate of Fujairah, outside the Gulf, on 20 January. The terminal is owned byVan Ommeren ENOC Fujairah Ltd. and was completed earlier this month at a costof $84mn. It will be used for the distribution of products to regional marketssuch as Pakistan, India and East Africa. The 511,000 cu. ms. capacity terminalis designed for storage and blending of...