June 5, 2023 [GulfNews]- Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have acquired Uniper Energy’s oil refinery in the UAE that produces low-sulphur fuel oil for the shipping industry, the company said on Wednesday.
This makes Montfort one of the top two suppliers of ship fuel, also known as bunker fuel, in the world’s third-largest bunkering hub located in the United Arab Emirates’ city of Fujairah, rivalling energy trader Vitol. The business will be named Fort Energy Refining Middle East DMCC. Fort Energy is a wholly owned subsidiary of Montfort.
Pro Trial: Access 12,600 Tank Terminal and Production Facilities
12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data
