Fujairah Oil Terminal (FOT) received its first cargo of light distillates in February. The start of operations makes the terminal the first independent storage facility in the Port of Fujairah with crude tanks available for rent.
Fujairah lies outside the Strait of Hormuz and is rapidly developing into one of the world’s major oil storage hubs.
FOT has capacity to store 1.18 million cbm of crude, fuel oil, gasoil and petrol. The venture is 50 percent owned by Sinopec Kantons Holdings, with the rest shared between Singapore-based Concord Energy Group and the government of Fujairah.
The facility completed loading of the cargo measuring 45,000 tonnes of light distillates, equivalent to about 60,000 cbm of storage volume.
Other services at the terminal include blending and circulation, heating, tank-to-tank transfer and high pumping rates.
Port of Fujairah has jetties to accommodate all types of vessel from barges of 3,000 DWT up to large VLCCs of 300,000 dwt.