U.A.E. Oil Port at Fujairah Opens Crude Jetty to Boost Hub Role

  • Port unloads first full 2 million-barrel cargo at new jetty
  • Adding storage, trade capacity could affect oil prices: ENBD

Fujairah, a rocky ribbon of land between the Hajar Mountains and the Indian Ocean coast of the United Arab Emirates, plans to boost its influence as an oil-trading hub with the addition of the region’s first crude-shipment jetty and expanded storage facilities.

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