Fujairah capitalises on Gulf location
Fujairah overtook Rotterdam last month by supplying 12 million tonnes of fuel oil a year
Fujairah overtook Rotterdam last month by supplying 12 million tonnes of fuel oil a year, and became the world’s second largest bunkering centre after Singapore.
In a bid to make greater use of its strategic position just outside the Arabian Gulf, Fujairah is set to expand capacity of the terminal operated and managed by Vopak Horizon Fujairah.
Vopak Horizon will expand the oil terminal’s capacity by 360,000 cubic metres (cbm) of new tankage and two new berths.
Following the expansion, the oil terminal will have a total capacity of 1.5 million cbm, six berths, and a single-point mooring system capable of handling vessels up to 175,000 dead weight tonnes, according to a statement. “The economy of the United Arab Emirates is growing at a tremendous rate and many investments are being made in facilities such as refineries. Fujairah’s location, just outside the Gulf, is ideal.
This new expansion of Vopak Horizon Fujairah is the fifth phase,” said Hussain Sultan, group executive and board member of the Emirates National Oil Company (Enoc) group.
The expansion is planned to become operational in the third quarter of 2007. Rob Nijst, division president, Vopak Oil Europe, Middle East and Africa, said this expansion will offer even more safe and reliable onshore storage facilities, not only for the fuel oil market, but also for clean products, such as petroleum.