Uniper confirmed on 16 February that it has sold its 67,000 b/d Fujairah refinery to “a consortium of Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum.” The structure of the deal was not revealed, and the acquisition is expected to be completed in the coming months subject to regulatory approval.

The two-train topping plant primarily supplies marine bunker fuels to Fujairah, and typically runs on heavy sweet grades from East Africa (MEES, 18 November 2022). (CONTINUED - 358 WORDS)