Upload
domien
View
215
Download
0
Embed Size (px)
Citation preview
Disclaimer:
The contents of this presentation are only representing the opinion and personal insights of the
presenter.
Fujairah Oil Storage and Trading Hub
Opportunities & Challenges
Platts Bunkering & Storage Asia Conference
Nizamuddin Noorali
Fujairah is one of the seven Emirates of UAE.
Fujairah lies on Oman Gulf and the Indian Ocean in the Eastern part of Arabian
Peninsula with a coast line of 90 Km.
Population of around 200,000 people.
Geography puts Fujairah at the cross roads of Europe, Africa & Asia.
Value of Foreign trade through Fujairah amounted to around AED 20 billion
and more than 52% of that was through free zone companies.
Fujairah is emerging as a truly global oil trading, storage and bunkering hub.
Largest Bunkering Hub in the region.
Fujairah
Straits of Hormuz
The straits of Hormuz is only 37 km
wide.
Consist of two lanes able to
accommodate oil tankers entering
and exiting the Gulf Ports.
Every hour, an average of 30
vessels transit the straits carrying
40% of the worlds Crude Oil Supply
Fujairah Strategic Location
OPEC Oil Production Allocation:
SAUDI ARABIA 8,700,000 Barrels per Day
IRAN 3,700,000 Barrels per Day
IRAQ 2,800,000 Barrels per Day
UAE 2,200,000 Barrels per Day
KUWAIT 2,000,000 Barrels per Day
Qatar 650,000 Barrels per Day
Proximity to Major Oil Procedures
a) Oil Storage Terminals
b) State of art Terminals-SAFT model
c) Port of Fujairah
d) Oil & Gas Projects
e) Associated Services
Opportunities
Independent Storage facility.
352,000 m3 current operational capacity with plan to expand to 1.5 million m3.
Designed for Class I products
Storage of crude oil, condensate, naphtha, gasoline, gasoil, diesel, jet fuel,
kerosene, cutter stock and fuel oil.
All tanks have Internal floating roofs ( IFRs).
Jet mixers in all tanks for in tank blending.
Dedicated lines from each tank to the terminal manifold.
On to vessel blending.
SOCAR AURORA FUJAIRAH TERMINAL
In line additivation of product during loading or discharge.
Internal pigging of all lines within the terminal and to the port.
Fully coated tanks for Jet fuel.
Efficient thermal heating system.
Truck loading facility for simultaneous loading.
Eductors technology to achieve homogenous product blend.
SOCAR AURORA FUJAIRAH TERMINAL
Port of Fujairah Oil Terminal Berthing facilities:
1. Present berths
Oil Terminal 1 “OT1”, Berth1, 2 & 3
Oil Terminal 2 “OT2” – Phase 1, Berth 4, 5, 6 & 7
Oil Terminal 2 “OT2” – Phase 2, Berth 8 & 9
VLCC commissioned in August 2016
2. Future berths ( Master Plan)
3.1 Oil Terminal 3 “OT3” (Small Vessel / Bunker Barges 3A and 3B)
3.2 Oil Terminal 2 “OT2” – Phase 3, (Berth10 – up to 21)
3.3 Provision for building second VLCC
Port of Fujairah
Container
Initially port was a container transshipment to inner Gulf & subcontinent.
Container terminal spread over 200,000 sq m.
Franchised to Abu Dhabi Ports
General & Project cargoes
Logical to accommodate general and project cargoes due to massive
construction activity.
Bulk Cargo- Mainly Aggregate
Aggregate berths are installed with 2 bulk loaders having combined capacity of
6000 tons per hour.
Quality aggregate shipped to GCC for building projects-peaked to 18 mln tons.
Strategic Grain Reserve
20 concrete Silos with a storage capacity of 275,000 MT.
Sufficient grain reserve for the UAE and transfer hub for other countries in the
Arabian Gulf
Port of Fujairah
Maritime Supply through Fujairah Anchorage. Anchorage area safety & security
with number of vessels calling are more than 17,000 vessel calls.
Oil berths for loading/ discharging vessels.
Port of Fujairah
350 Km pipeline from Habshan to Fujairah –Real Game changer
IPIC completed ADCOP project.
It has main and intermediate pumping station to pump Crude to Fujairah.
ADCO terminal having 8 Storage Tanks of one Million barrel each.
ADCO terminal has three Single Point Mooring buoys ( SPMs) for
VLCCs with 320,000 DWT.
12 ship loading pumps for a loading capacity of 80,000 bbls/ hr for each SPM.
Major oil companies have own or rented storage terminals.
Oil & Gas Projects
IPIC refinery
Processing capacity of 200,000 bbls per day
Being constructed by IPIC.
Process a mixture of UAE crude i.e. Murban, Upper Zakum and other
regional crude oils.
Refinery will have its own power generation capability.
Chemical storage
Bitumen Refinery
Crude oil storage
Crude oil pipeline connectivity to the port
Oil & Gas Project
Bunkering companies
Lube Oil Suppliers
Slop collecting companies
Sludge treating facility
Medical services
Shipping agencies
Oil testing labs
Marine Survey companies
Tank cleaning companies
Technical Service companies
Associated Services
1) Fujairah all poised to become Pricing Center for the region
2) October 2016 Platts started reporting prices on FoB Fujairah basis
for gasoline, gasoil, Jet fuel and fuel oil.
3) The Terminals Inventory data documented by FOIZ is also published
on a weekly basis.
4) Argus has also started publishing fuel oil 380cst fob Fujairah barge
market from March 2017.
5) The above measures though in nascent stage will provide liquidity
and transparency to the market players.
Pricing Center
Availability of land is scarce resulting in hike in lease rental rates. Mountains demolition is an uphill task. More opportunities to existing players to expand rather than new players to start from scratch. To respond Fujairah Northern Land Reclamation Projects (FNLRP) Phase 1 & 2 are under way
Land Availability
1) Oil Terminals build their own fire fighting system and that is
considered sufficient for fighting fire for 2 to 2.5 hours.
2) Continuous subsequent water stream is required for safe control
till the fire can be extinguished.
3) POF has taken pro active measures to construct 2 common sea
water intake pit.
4) This will assist in constructing a sea water back up supply
distribution network within whole FOIZ.
5) Terminals are also working on mutual aid and SAFT has taken
measures in this regard.
Fire Fighting Capability