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Oman Inaugurates OOMCO Marine Bunker Fuel Terminal at Port of Duqm

Construction work at the Duqm Refinery in Oman. (Reuters)
Construction work at the Duqm Refinery in Oman. (Reuters)
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Oman Inaugurates OOMCO Marine Bunker Fuel Terminal at Port of Duqm

Construction work at the Duqm Refinery in Oman. (Reuters)
Construction work at the Duqm Refinery in Oman. (Reuters)

Oman inaugurated on Sunday the Oman Oil Marketing Company (OOMCO) Marine bunker fuel terminal worth OMR11 million at the Port of Duqm.

OOMCO Marine is the bunker arm of OOMCO SAOG.

Located in the Duqm Special Economic Zone (SEZAD), the terminal will supply the full range of bunker fuel to ships at the port and port anchorage.

The project will contribute to further positioning Oman as a world-class logistics and shipping hub.

According to Oman’s News Agency (ONA), it is one of the projects announced by the Oman Investment Authority, as part of the 52nd National Day celebrations.

Hilal al-Kharusi, Chairman of OOMCO said, “Inaugurating the OOMCO Marine bunker fuel terminal at the Port of Duqm further strengthens Oman’s position as a world-class logistics and shipping hub, in line with the objectives laid out in Oman’s Vision 2040.”

“Our now fully operational terminal contributes to economic growth and diversification in Oman, while capitalizing on its strategic position near established global trade routes.”

The terminal is expected to meet the increasing demands for high-quality and sustainable marine fuels, including the highest specification compliant HSFO, VLSFO and LSMGO marine fuel to International Organization for Standardization (ISO) 8217, as well as all low sulphur fuel-compliant marine fuels, in line with International Maritime Organization’s (IMO) Decarbonization targets.

Bunkers will be delivered by a port based bunker barge and also directly by road truck, with the bunker barge capable of supplying VLSFO 0.5% Sulphur and LSMGO bunker fuels to vessels in the port and at anchorage, at a pumping rate of up to 1,000 meter cubed per hour.

OOMCO’s bunkering services are underpinned by the nearby Duqm refinery.

Owing to its strategic location on Oman’s south-east coast and its close proximity to significant shipping traffic accessing the Suez Canal, Arabian Gulf and Indian Ocean, the inaugurated quality and eco-efficient marine fuel terminal aims to serve the international shipping market.

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Egypt Makes Progress in its Nuclear Energy Project

Construction work at the El-Dabaa nuclear power plant. (Egyptian Nuclear Power Plants Authority)
Construction work at the El-Dabaa nuclear power plant. (Egyptian Nuclear Power Plants Authority)
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Egypt Makes Progress in its Nuclear Energy Project

Construction work at the El-Dabaa nuclear power plant. (Egyptian Nuclear Power Plants Authority)
Construction work at the El-Dabaa nuclear power plant. (Egyptian Nuclear Power Plants Authority)

Egypt has reported significant progress in the construction of the El-Dabaa nuclear power plant in the country’s northwest, a project being developed in cooperation with Russia. The government announced on Tuesday that more than 20% of the project has been completed.

Egypt and Russia signed a cooperation agreement on November 19, 2015, to establish the nuclear power station at a cost of $25 billion, funded through a Russian government loan. The final agreements for El-Dabaa were signed in December 2017.

The plant will consist of four nuclear reactors with a total generation capacity of 4,800 megawatts, each producing 1,200 megawatts. The first reactor is scheduled to begin operations in 2028, with the remaining units coming online gradually as part of Egypt’s energy mix.

In its quarterly performance report, the Egyptian government stated that the project aligns with efforts to expand the peaceful use of nuclear energy within the national power grid.

President Abdel Fattah al-Sisi emphasized in November the importance of executing energy projects efficiently and on schedule, calling them a pillar of Egypt’s development strategy. He underscored the need to adhere to the project timeline while ensuring the highest standards of execution and workforce training.

Also in November, Prime Minister Mostafa Madbouly reaffirmed Egypt’s commitment to the project, stating that El-Dabaa would enhance renewable energy capacity and stabilize the national power grid.

In early March, Russia’s Atomstroyexport announced that construction on the second reactor at El-Dabaa had progressed ahead of schedule. According to the Egyptian Nuclear Power Plants Authority, the second tier of the inner containment structure had been installed at the reactor building.

Egypt experienced widespread power outages last summer, which ended in late July after securing sufficient fuel supplies for its power plants.

The El-Dabaa project is part of Egypt’s strategy to diversify its energy sources, generate electricity to meet domestic demand, and reduce reliance on imported gas and other fuels.

On Tuesday, the government also announced an additional 200 megawatts of private-sector solar power capacity as part of its efforts to expand renewable energy. Officials said the move would support energy diversification and advance the country’s sustainable development strategy.