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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.
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