April 21, 2016 [Ship & Bunker] - The Port of Salalah Tuesday announced that it has signed a lease agreement with Oman Oil and Marketing Company (Omanoil) to develop a small to medium fuel terminal at the port, intended to enhance Omanoil's bunker and trading business at Salalah.
“This project will greatly enhance the bunkering options available in the Port of Salalah and is an important step to increasing the attractiveness of Salalah to international Shipping Lines,” said David Gledhill, CEO of Port of Salalah.
“The strategic location of Salalah on major shipping lanes makes it a natural location for bunkering operations, and we are delighted to have omanoil in the port working with us to realise this potential.”
Faisal Al Shanfari, Omanoil’s Acting CEO and General Manager of Shared Services, commenting on the lease agreement, said that the development of the terminal will help the company in achieving its business goals in Oman’s Dhofar Governorate, as well as provide benefit to the whole country.
“Our partnership with the Port of Salalah can only grow and prosper beyond this point and we are looking forward to a very rewarding future together,” said Al Shanfari.
In January, Gulf Petrochem Group announced its intentions to expand bunkering activities in the UAE, despite what it has described as a “volatile market”.
Article republished with permission from Ship&Bunker.com
