(EnergyAsia, July 26, Thursday) — Singapore-listed marine fuels trader Chemoil Energy is expanding its oil storage capacity in Fujairah by investing US$60 million in a 40% stake in a new terminal. Local company Gulf Petrol Supplies will be the majority partner as storage players expand capacity in the world’s second largest bunker port after Singapore.The…
SINGAPORE: Trader Chemoil expands storage capacity in Fujairah
Posted on July 25, 2007 by EnergyAsia