Port of Fujairah aiming high
Logistical and political snags need skilful navigation to secure Fujairah's position as a world-leading energy and trading port
The Port of Fujairah has the geographic fortune of lying just south of the Strait of Hormuz—the world's most important oil transit chokepoint—that the US Energy Information Administration says facilitates traffic which last year carried 18.5m barrels a day of oil. A waterway plied by Arab and Iranian fishermen in rudimentary wooden boats only half a century ago is now used to transport 19% of the world's daily oil supply. Leveraging its golden location, the port is the world's second-largest bunkering hub and has created a 'parking lot' in local waters to capture the increasingly hefty Asia-Middle East-Africa shipping traffic. Progress has been relatively swift. Singapore, the world's larges
Also in this section
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
19 February 2026
Growth in LNG supply will surpass the rise in demand in 2026 for the first time in years, according to Mike Fulwood, senior research fellow at the OIES, but lower prices are likely to encourage fuel switching and could create more demand on a permanent basis
19 February 2026
Awais Ali Butt, manager for sales and business development at Pakistan LNG Ltd, discusses LNG’s role in energy security across developing, price-sensitive economies, as well as examining trade-offs between buying strategies and the impact of lower prices and policy on import behaviour
19 February 2026
LNG’s technical maturity, availability and price, as well as regulation, have driven its rapid adoption as a marine fuel, yet its future in shipping will depend on transition policies and progress in cutting methane emissions and scaling bio- and synthetic LNG, according to Carlos Guerrero at Bureau Veritas
