INTERVIEW: Vitol’s VTTI mulls Fujairah storage expansion as Russian oil fills tanks

Vitol-backed storage terminal owner and operator VTTI may look to expand its storage footprint at the Port of Fujairah on the UAE’s east coast in the coming years as displaced Russian crude and product flows continue to spur demand for oil storage at the key regional hub, VTTI CEO Guy Moeyens said. Rotterdam-based VTTI controls 2 million cu m of… Vitol-backed storage terminal owner and operator VTTI may look to expand its storage footprint at the Port of Fujairah on the UAE’s east coast in the coming years as displaced Russian crude and product flows continue to spur demand for oil storage at the key regional hub, VTTI CEO Guy Moeyens said. Rotterdam-based VTTI controls 2 million cu m of… Read More