ADNOC’s Fujairah crude oil storage caverns set to open in 2023: sources

Abu Dhabi’s national oil company, ADNOC, is set to open its giant crude oil caverns in the mountains of Fujairah next year, one year later than planned, according to people with knowledge of the project. The project, which will have capacity to hold 42 million barrels of crude oil, was pushed back because of COVID-19 related delays and will be…