Shell Oman signs pact with Port of Duqm
The agreement establishes a bunkering terminal to provide different grades of quality fuels and lubricants.
Times News Service
MUSCAT: Shell Oman Marketing Company, the leading downstream fuel marketing company in the Sultanate, signed an agreement with Port of Duqm Company (PDC) to develop fuel bunkering facilities and services.
The agreement was signed by Dr Mohammed Mahmood Al Balushi, CEO of Shell Oman, and Reggy Vermeulen, CEO of PDC. The agreement establishes a 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.
Al Balushi stated: “The development of the marine business at the Port of Duqm will reinforce the strategic partnership between Shell Oman Marketing and PDC. Due to the strategic and geopolitical location of the port on 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 playing 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,” he added.
Vermeulen said, “This new agreement with Shell Oman underlines the clear ambition of the Port of Duqm to become a future bunker hub serving the entire region. With new global bunker regulations coming into effect as of 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.”