Qatar-Saudi Rapprochement Could Add 2 Million MT/Year to Fuj

Qatar-Saudi Rapprochement Could Add 2 Million MT/Year to Fujairah Bunker Demand


Qatar-Saudi Rapprochement Could Add 2 Million MT/Year to Fujairah Bunker Demand
by Ship & Bunker News Team
Wednesday January 6, 2021
Fujairah could see a boost of more than
2 million mt/year to its bunker demand levels after a resolution of the
Qatari diplomatic crisis, according to a local market source.
2017, and a resolution could mean it sees stronger growth levels than most other bunker ports in
2021.
Saudi Arabia, the
Bahrain and
Egypt were restored on Tuesday, ending a three-year embargo against Qatar that had seen its ships avoid UAE ports.
The return of
Qatargas ships to Fujairah could add
180,000-220,000 mt/month of bunker demand there, a local market source told Ship & Bunker Tuesday.

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