Thursday 12 February 2009

Fujairah building new port to export Abu Dhabi crude

The world's largest oil tankers will be able to load up crude exports from Abu Dhabi at a new port in Fujairah.

Work on constructing the facility – called the Industrial Port – is under way, Captain Mousa Murad, General Manager of Fujairah Port, told Emirates Business.

When complete the terminal will be able to handle up to 70 per cent of Abu Dhabi's total crude exports. The location near Fujairah Port means the oil will not have to pass through the strategically sensitive Strait of Hormuz.

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