|
The
region's continuing prosperity is mainly due to
its massive oil reserves , with Abu Dhabi possessing
95% of the U.A.E.'s resources. About 2.4 million
barrels are pumped every day and experts predict
that the Emirate - the world's 10th largest oil
producer - has reserves for the next 200 years.
Abu
Dhabi also controls the largest share of the U.A.E's
gas reserves, with an increasing amount of natural
gas being processed for export. A huge investment
programme is underway to upgrade both oil refineries
and gas processing systems especially on Das Island,
from which liquefied natural gas is exported.
Historically,
the Emirate owes much of its wealth to pearls from
the Gulf, so it was fitting that the sea also yielded
the U.A.E's next precious commodity -"Black
Gold".
Abu Dhabi continues to go from strength to strength,
with the ever increasing number of sky-scrapers
dominating the city's stunning skyline acting as
testimony to its success.
Traders and businessmen in the Abu Dhabi Emirate
had seen difficult days before the construction
of Port Zayed. Finding it impossible to enter the
shallow waters of the Abu Dhabi beach, the cargo
ships used to dock about 8km away from the coast
and unload their shipments on barges and small dhows
which then transported the cargo to the beach.
This
was a labourious and costly job for the importers,
exporters and the shipowners due to the high cost
of loading and unloading and the long periods that
ships had to stay out in the sea, particularly when
bad weather delayed the arrival of barges, and due
to slow handling process.
The
history of Mina Zayed (or Port Zayed) is the history
of the UAE Federation. The construction of this
Port started in 1968 in fulfillment of the directives
of His Highness Sh. Zayed Bin Sultan Al-Nahyan,
in his capacity as ruler of Abu Dhabi Emirate at
that time. However, the Port was officially inaugurated
by His Highness Sh. Zayed in 1972 in his capacity
as the President of the UAE.
Port
Zayed as the main gate of the Abu Dhabi Emirate
to the outside world extends valuable services to
a wide range of private and public sectors including
the shipping lines, shipping agents, importers,
businessmen and other port users.
The
unique location of the Port with its great potential
allows it to play a major role in the Gulf region
and the Middle East. The total area of the Seaport
is 510 hectares in addition to 1000 square meters
being the area of the Free Port. Port Zayed has
presently 21 berths with individual depths varying
between 9.5 and 15 meters, allowing the arrival
of all types of commercial trans-ocean ships.
|