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Fujairah Oil Terminal To Upgrade As Crude Trade Is Expected To Surge ...Middle East
The Fujairah Oil Terminal (FOT) is upgrading its infrastructure to link the storage site with a key crude pipeline and the terminal for supertankers at the Port of Fujairah, in order to meet an expected boom in crude oil trading, FOT chairman Steve Bickerton has told Reuters. “That’s a game changer because it gives us access to customers who want to be moving crude oil through VLCCs and it gives our customers direct access to the ADCOP, which brings Abu Dhabi's Murban Crude into Fujairah,” said Bickerton, who is also Senior Managing…
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