Oman Tank Terminal Company to Maintain Duqm Bunker Facility
by Ship & Bunker News Team
Wednesday April 21, 2021
Oman Tank Terminal Company (OTTCO) has signed a deal with
Oman Oil Marketing Company (OOMCO) to run operations and maintenance at OOMCO s new bunker terminal at the
Port of Duqm.
Oman Times.
30,000 m3 of storage capacity and blending facilities for both fuel oil and distillates. Under the deal OTTCO will be tasked with operating and maintaining the facility. Supporting OTTCO s presence at the Port of Duqm falls in line with our long-term strategy to transform Oman s fuel industry, the Oman Times cited OOMCO Acting CEO
Oman’s Duqm development plans take shape
MEED 9 April 2021 (Last Updated April 9th, 2021 10:43)
The suspension of the planned Duqm Petrochemicals project in December last year appeared to be a setback for Oman s plan to establish Duqm as a major economic hub in the sultanate.
The components of Oman’s most strategic project are coming to fruition. Credit: MEED.
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The suspension of the planned Duqm Petrochemicals project in December last year appeared to be a setback for Oman’s plan to establish Duqm as a major economic hub in the sultanate.
However, Muscat has stayed the course and the billions of dollars that Omani state-owned companies have invested in building strategic industrial facilities at the Special Economic Zone at Duqm (Sezad) are yielding results.
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