Middle East Economic Survey

VOL. LIII

No 30

26-Jul-2010

MEES Agenda

Fujairahs Safe Haven Port Grows As An Energy Hub

The rapidly growing UAE Port of Fujairah is consolidating its position as a global energy hub, and capitalizing on its standing as the Gulfs safest bunkering depot outside of the Strait of Hormuz at a time of crisis. This year it will open a second oil terminal, next year the 1.8mn b/d Abu Dhabi-Fujairah crude pipeline and a refined products terminal will start up, and between now...