close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Emarat says Fujairah oil storage expansion complete

After Singapore and Rotterdam, Fujairah is one of the world's top bunkering destinations and Emarat has just completed its oil storage expansion in the emirate - Reuters

0

July 7, 2011 1:37 by



United Arab Emirates’ Emarat has completed its oil storage expansion project at the port of Fujairah, boosting its capacity at the key Gulf of Oman terminal to 260,000 cubic meters, the fuel retailer said.

The 300-million UAE dirham ($81.68 million) expansion includes 10 new storage tanks for gas oil, gasoline and jet fuel with a total capacity of 210,000 cubic meters.

Sitting outside the strategic straits of Hormuz, Fujairah is a major bunkering hub and an emerging oil storage center for international oil traders looking to sell more into Asia.

The 13 storage tanks now available are vital for meeting growing regional demand for petroleum products storage, trading and bunkering, Adel Khalifa Al Shaer, acting general manager of Emarat, said in a statement.

Fujairah is one of the world’s top three bunkering destinations after Singapore and Rotterdam.

Emarat manages five terminals with a total capacity of 383,000 cubic meters at UAE sites such as Jebel Ali, Ras Al Khaimah and Sharjah.
Total storage capacity at the strategically-important port is now 3 million cubic meters and is expected to rise to more than 7 million cubic meters by 2012. (Reporting by Humeyra Pamuk, editing by Daniel Fineren)



0

Leave a Comment