Pioneering terminalling in the Middle East

Fujairah Oil Terminal, shortlisted for the Terminal Innovation Award at the Tank Storage Global Awards, explains the innovative services it offers Over the last decade, Fujairah has seen tremendous evolution from a small costal town in northeast UAE to being the third largest oil storage, petroleum products trading centre and second largest bunkering port in the world. Fujairah offers one stop shop for traders – bunkering, trading and maintaining vessels. The Port of Fujairah system is so commercially designed that all terminals are connected to the common matrix manifold (piping/berth) system, and they have two: MM1 and MM2. This allows traders to buy and sell among each other and receive/deliver products through pipelines without the need to chartering a ship. Fujairah is strategically located just outside the Strait of Hormuz, the world’s most important oil transit chokepoint which reinforces its favor among traders. INDEPENDENT STORAGE FOT is the second largest independent third-party storage terminal in the Port of Fujairah. The facility boasts 1.17 million m3 of capacity in 34 tanks. The terminal consists of three tank farms: tank farm 1 for crude oil, tank farm 2...