Shell Oman signs agreement with Port of Duqm to develop fuel bunkering facilities
Shell Oman Marketing Company SAOG, the leading downstream fuel marketing company in the Sultanate, signed an agreement with Port of Duqm Company SAOC (PDC) to develop fuel bunkering facilities and services. The agreement was signed by Dr. Mohammed Mahmood Al Balushi, CEO of Shell Oman, and Mr. Reggy Vermeulen, CEO of PDC. The agreement establishes bunkering terminal to provide different grades of quality fuels and lubricants as well as other ancillary facilities to marine liners calling at Port of Duqm.
Dr. Mohammed Mahmood Al Balushi stated: “The development of marine business at the Port of Duqm will reinforce the strategic partnership between Shell Oman Marketing and Port of Duqm Company. Due to the strategic and geopolitical location of the port on the international shipping lines, it is hoisted in the coming years to transform into a regional hub attracting large investments and projects while driving the diversification of the Sultanate’s economy and enhancing its global competitiveness. We are committed to play a crucial role in the attainment of this vision by delivering global fuel technology and operational excellence to local and international marine customers in Duqm as part of Shell’s global network”.
On this occasion, Mr. Reggy Vermeulen, CEO of Port of Duqm, added “This new agreement with Shell Oman underlines the clear ambition of Port of Duqm to become a future bunker hub serving the entire region. With new global bunker regulations coming into effect as from 2020, Port of Duqm plans to take full advantage of its prime location as well as the availability of the right fuel specs and offer prime bunker services accordingly.”
Port of Duqm Company SAOC (PDC) is a 50:50 joint venture between the Oman Government and Port of Antwerp Consortium. The port has entered an early operations phase with a fully functional port and commercial quay capable of handling heavy lift project cargo, general cargo, dry bulk and containers. With its deep draught (18 m), lengthy quay walls and expansive basin, Port of Duqm has the accoutrements of a world class, multipurpose commercial gateway. It has a current capacity of 100,000 to 200,000 TEUs, 4 million tonnes of dry bulk, and 1 million tonnes of project, break bulk and heavy lift cargos. Being closely located to the major oil & gas and mining projects in Oman, upon completion in 2020, Port of Duqm is seeking to increase its activity level exponentially in the years to come. Port of Duqm is therefore, ambitious to become a major hub, for handling of containers, RORO, project cargo, liquid & dry bulk and breakbulk cargoes.