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Total signs Fujairah storage deal
- United Arab Emirates: Wednesday, August 19 - 2009 at 09:37
French oil giant Total has signed a deal to lease fuel storage at the UAE port of Fujairah as it seeks to expand its fuel oil business into East Africa, Reuters has reported citing trading sources. The lease was signed by Total's international trading arm Totsa to take between 75,000-100,000 cubic metres of storage for residual fuel oil, according to the sources.
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StaffWednesday, August 19 - 2009 at 09:37 UAE local time (GMT+4)
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