Oil storage capacity in the UAE's port of Fujairah is expected to rise to around 7.8 million cubic meters by 2014 from its current capacity of 5.8 million cubic meters, the harbour master at the Fujairah port said on Tuesday.
Fujairah is poised to rival the world's top two bunkering hubs, Singapore and Rotterdam, thanks to booming demand from the Middle East as well as Asia.
"We're working to develop our infrastructure parallel to the oil storage growth," Tamer Masoud told Reuters on the sidelines of an industry event in Dubai.
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