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Sunday, September 25, 2016
Excerpts: UAE accuses Iran destabilizing Middle East. Fujairah:Major player in oil exports September 25, 2016

Excerpts: UAE accuses Iran destabilizing Middle East. Fujairah:Major player
in oil exports September 25, 2016

+++SOURCE:Al Arabiya News 25 Sept.’16:”UAE accuses Iran of destabilizing
Middle East”,by Associated Press

SUBJECT:UAE Accuses Iran destabilizing Middle East

QUOTE:”Sheikh Abdullah bin Zayed Al Nahyan pointed to Iran’s ‘expansionist
regional policies, flagrant violations of the principles of sovereignty.’
“(Reuters)

FULL TEXT:Sheikh Abdullah bin Zayed Al Nahyan pointed to Iran’s
“expansionist regional policies, flagrant violations of the principles of
sovereignty and constant interference in the internal affairs of its
neighboring countries.”

He told the UN General Assembly’s annual ministerial meeting on Saturday[24
Sept.] that regional countries hoped last year’s nuclear deal between Iran
and six major powers would change Tehran’s “hostile approach,” but those
hopes were “quickly thwarted.”

“Iran wasted no time in continuing its efforts to undermine the security of
the region, through aggressive rhetoric, blatant interference, producing and
arming militias, (and) developing its ballistic missile program,” Al Nahyan
said.

Iran has been backing Syrian President Bashar Assad and Shiite Houthi rebels
in Yemen, and the UAE minister said its interference in Iraq’s internal
affairs “has exacerbated ... division among its people.”

+++SOURCE:Jordan Times 25 Sept.’16:”Gulf emirate targets status as major oil
export platform”,byAgence France Presse

SUBJECT:Fujairah:Major player in oil exports

QUOTE:Increased demand from China and India expected

FULL TEXT:FUJAIRAH, United Arab Emirates — At the mouth of the oil-rich Gulf
region, the little-known UAE emirate of Fujairah is positioning itself as a
major player in oil exports with a new dock for supertankers.

Sandwiched between the rocky Hajar mountains and the Gulf of Oman, the city
of Fujairah has evolved around its port, whose oil terminal and storage
facilities keep expanding.

The facility handled 56 million tonnes of petroleum products in 2015.

Fujairah's location on the Gulf of Oman allows the seven-member United Arab
Emirates to ship the bulk of its oil exports bypassing the strategic Hormuz
Strait, which giant neighbour Iran threatens to close in times of tension.

Other major oil producers in the Gulf, including world top exporter Saudi
Arabia, have to ship most of their exports through the Hormuz.

The UAE in 2012 inaugurated a 360-kilometre pipeline connecting Abu Dhabi's
rich oil fields with Fujairah's coast. It has a capacity to pump 1.6 million
barrels per day.

The OPEC member produces around 2.5 million

But in a bid to capitalise on its location, Fujairah on Wednesday21
Sept]opened a new dock for supertankers, built at a cost of 650 million
dirhams ($177 million).

The new terminal facility allows it to handle tankers up to 334 metres in
length and weighing 330,000 tonnes, port director Mussa Murad said at the
inauguration ceremony.

At 26 metres, "this dock is the deepest oil dock in the Middle East", he
said.

Murad said the jetty could process 2 million tonnes of petroleum products at
loading or unloading in 24 hours.

"We are determined to put the name of Fujairah... on the map of petroleum
exchange on the regional and global levels," said the emirate's Industry and
Economics Department head, Sheikh Saleh Bin Mohammed Al Sharqi.

A port official said Fujairah did not spare any effort to "move mountains"
to be able to handle supertankers.

As much as 22 million tonnes of rocks were quarried to reclaim land and
build the new jetty, allowing supertankers to dock and load at ease.

Supertanker Kelly inaugurated the new jetty, blasting its siren as it
berthed for loading.

The facility can load or unload 2 million tonnes of oil products in 24
hours, according to Mourad.

The port already boasts a large storage capacity with hundreds of giant
reservoirs spread across the facility.

"Storage capacity has jumped from 550,000 tonnes in 1994 to 10 million
tonnes today," said Mourad. The number of reservoirs has shot up from 8 to
338 in the same period.

Refuelling services have also expanded from 2 million tonnes to 24 million
annually.

Fujairah officials said they are counting on increased demand from India and
China, and on diversification of its services, such as bunkering
============
Sue Lerner - Associate. IMRA

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