For a long time now, Fujairah has been considered a highly potential oil port. Its strategic location outside the Arabian Gulf coupled with its proximity to the oilfields of the UAE and the already existing oil installations must have contributed to this view.
But the delays in implementing some projects have reduced the role of Fujairah to a storage depot of crude oil and petroleum products in addition to a modest refinery of 70,000 barrels a day.
Yet Fujairah today is the second largest bunkering port in the world after Singapore.
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