Muscat Securities Market-listed Oman Oil Marketing Company (Oomco) announced that it had received board approval for the construction of a 30,000m3 bunker terminal at the sultanate's Port of Duqm (pictured), with the project due to complete in 2021.
In a stock market filing on 13 May, the company said the board had also approved necessary ancillary equipment and facilities required for the terminal.
Oomco said in its missive: “This bunker terminal will supply marine fuels of required grades to ships in and around the port.
“As such, our bunker terminal will serve to enhance the portfolio of services available to attract ships to Duqm and thus contribute to the port’s growth and business development.”
In May 2018, Oomco appointed Australian engineering firm Worley Parsons’ Omani subsidiary, Worley Parsons Engineering Oman, as the project management consultant for the terminal.
Oomco's chief executive officer, David Khalife, said at the time that the terminal would drive growth for the Port of Duqm, located on the sultanate’s Al Wusta coast.
