Oman Oil Marketing Company (OOMCO), 49% owned by state firm Oman Oil Company (OOC), is planning a bunkering terminal at Duqm. The company’s CEO, ‘Umar Qatan, says he expects a deal with the Duqm Port Authority to be concluded sometime in 2014.
Duqm, a special economic zone receiving heavy oil and gas sector investment, is located roughly halfway between Salalah and Musqat on the Arabian Sea coast. OOMCO has been serving bunker fuel needs at Oman’s Sohar Industrial Port since 2010 in partnership with Germany’s Matrix Marine. (CONTINUED - 753 WORDS)