Fujairah Oil Terminal

What Fujairah Oil Terminal does

Fujairah Oil Terminals FZC (FOT) is a UAE-based independent third-party onshore oil storage terminal located at the Port of Fujairah, the only UAE emirate lying wholly outside the Arabian Gulf on the Indian Ocean side of the Strait of Hormuz. Operational since March 2015, FOT was the first independent third-party crude oil storage facility in the Middle East, offering 1.177 million cubic meters of storage across 36 tanks split roughly evenly between crude oil and refined products (fuel oil, gas oil, gasoline, and naphtha). The facility connects to the Port of Fujairah's deep-draft jetties, accommodating vessels from 3,000 DWT barges to 300,000 DWT VLCCs at up to 25-meter draft, and contributes approximately 25% of total Port of Fujairah throughput.

Operations are managed 24/7 through a Central Control Room running an integrated technology stack: the Qino Terminal Automation System (handling Order to Cash and inter-departmental workflows), SCADA for real-time monitoring of tank levels, temperatures, flowrates, and line pressures, Capptions inspection software, Pulse Air blending technology for product homogenization, a Digital Smartboard for shift handovers, and autonomous safety systems including high-level and unauthorized-movement alarms. QHSSE compliance is maintained under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 50001:2018 certifications, and the terminal operates in a tax-free bonded zone.

FOT is a joint venture owned by Sinopec Kantons (50%), Prostar Capital (40%), and the Government of Fujairah (10%), with Prostar Capital having invested $280 million in August 2021. The revenue model combines subscription-style long-term storage lease fees (capacity rentals for crude and refined products) with transactional fees for ancillary services including bunkering (IMO 2020-compliant fuel oil), blending, heating, additive injection, inter-tank transfers, pigging and stripping, and vessel/barge loading and discharging. Customers are predominantly enterprise-tier international and national oil companies (including Sinopec as both owner and customer), oil trading companies, and bunker fuel companies, served through direct enterprise B2B relationships rather than third-party distribution.

Name

Fujairah Oil Terminal

Legal name

Fujairah Oil Terminals FZC

Website

https://fot.ae

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Fujairah Oil Terminals FZC (FOT) is an independent third-party onshore oil storage terminal at Port of Fujairah, UAE, operating 1.177 million cubic meters of capacity across 36 tanks for crude oil and refined products. It serves international and national oil companies, trading firms, and bunker fuel suppliers via long-term storage leases and ancillary handling services.

Ownership category

akta.pro rank

NAICS

Petroleum Bulk Stations and Terminals (42471), Pipeline Transportation of Crude Oil (4861), General Warehousing and Storage (493110)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Pipe Lines (No Natural Gas) (4610)

akta.pro industry

PRIMARYEUALAEAA

Crude Oil & Condensate Terminals (Tank Farms, Marine/Truck/Rail Loading)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Midstream Storage & Terminals (Tank Farms, Caverns, LNG Terminals)

SECONDARYTLAHABAH

Liquid Bulk Petroleum Terminals (Crude, Refined Products)

Transportation & Logistics/Ports, Terminals & Maritime Services/Bulk Cargo Terminals (Dry & Liquid Bulk)

SECONDARYEUALAEAB

Refined Products Terminals (Gasoline, Diesel, Jet, Heating Oil)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Midstream Storage & Terminals (Tank Farms, Caverns, LNG Terminals)

SECONDARYEUALAEAG

Marine Terminals & Port Storage (Jetties, Docking, Bunkering Interfaces)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Midstream Storage & Terminals (Tank Farms, Caverns, LNG Terminals)

Keywords

• Oil storage services
• Bulk liquid storage
• Terminal operations
• Crude oil storage
• Vessel loading services

Headquarters

HQ city

Fujairah

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

Revenue model

1. Oil Storage Services: Third-party independent oil storage services for crude oil, fuel oil, gasoil, and gasoline. Customers lease storage capacity on long-term basis. Revenue generated from storage rental fees based on capacity allocated.
2. Terminal Operations Services: Additional services including loading/discharging of vessels and barges, blending and circulation, heating, additive injection, inter-tank transfers, pigging and stripping, and ship-to-ship operations.
3. Bunkering Services: Blending, storage and supply of Fuel oil bunkers for IMO 2020 compliance, crude oil, and clean products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

FOT operates as an independent third-party onshore oil storage terminal providing bulk liquid storage and handling services for crude oil and refined petroleum products (fuel oil, gas oil, gasoline, naphtha) across 36 tanks totaling 1,177,000 cubic meters of capacity. The terminal delivers integrated services including vessel and barge loading/discharging, blending, heating, additive injection, inter-tank transfers, pigging and stripping, and IMO 2020-compliant fuel oil bunkering, with all operations managed 24/7 from a Central Control Room using an integrated Terminal Automation System and SCADA. Customers lease storage capacity on a long-term basis and contract for the related handling services, served through direct enterprise relationships with international and national oil companies.

Product overview

Fujairah Oil Terminal FZC (FOT) operates as a unified terminal offering integrated oil storage and handling services. The core offering is independent third-party bulk liquid storage (1.177 million cubic meters capacity across 36 tanks), with half for crude oil and half for refined products (Fuel oil, Gas oil, Gasoline, Naphtha). The terminal provides a comprehensive suite of services including vessel/barge loading and discharging, bunkering for IMO 2020 compliance, blending (via Pulse Air technology), heating, additive injection, and inter-tank transfers. The facility connects to Port of Fujairah's deep draft jetties (up to 25 meters) capable of handling vessels from 3,000 DWT barges to 300,000 DWT VLCCs. Operations are managed 24/7 through the internal Qino Terminal Automation System and SCADA monitoring.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 25% of Port of Fujairah throughput
• +2 more outcomes

Named customers3 records

Segments3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• Port of FujairahcoreStrategic or Co-development PartnerPort operator providing deep draft jetties (up to 25 meters) capable of accommodating vessels from 3,000 DWT barges to 300,000 DWT VLCCs. FOT operates within the Port of Fujairah ecosystem.
• Qino (Terminal Automation System Provider)supportingTechnology or IntegrationTechnology provider for the Terminal Automation System used by FOT for Order to Cash processes and department connectivity.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Brooge Energy / Brooge Petroleum & Gas Investment: UAE-based independent oil storage operator with crude and refined product storage capacity in Fujairah. Directly competes with FOT for the same IOC/NOC and trading house customers in the Fujairah hub, using a comparable bulk storage business model.
• VTTI (Vitol Tank Terminals International): Global independent tank storage company majority-owned by Vitol with significant Fujairah presence. Directly competes for crude and refined product storage customers at the same Port of Fujairah, with overlapping product slate and IOC customer base.
• Horizon Energy (Horizon Terminals): Independent oil storage operator with terminal presence at Port of Fujairah. Direct competitor for crude and refined product storage in the same Fujairah hub, serving similar trading and oil company customers.

Broad incumbents

• Royal Vopak: Largest independent global tank storage operator with terminals across multiple hubs including the Middle East. Comparable bulk liquid storage business model serving oil majors and traders; much larger and more diversified but offers overlapping services to similar customers.
• Oiltanking (MOL Group): Global independent tank storage provider part of MOL Group, operating terminals worldwide for crude, refined products, and chemicals. Comparable business model and customer base to FOT, though much larger in scale and geographic diversification.
• ENOC (Emirates National Oil Company) Storage: UAE-based integrated energy company with significant storage terminals (notably at Jebel Ali). Comparable bulk liquid storage offering in the UAE region with similar IOC/NOC and trading customer base, though operates across a broader integrated energy value chain.

Regional players

• Magellan Midstream Partners: US-focused refined products and crude oil storage and pipeline operator. Comparable contract-based third-party storage business model and product slate, though serves a different (Americas) geographic market.
• Kinder Morgan Terminals: Major North American operator of petroleum product terminals and storage. Comparable fee-based third-party storage and terminal services business model for crude and refined products, though geographically focused on the Americas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInae.linkedin.com/company/fujairah-oil-terminal-fzc
• YouTubeyoutube.com/watch?v=Wwq3i7687S0

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fujairah Oil Terminal