Times of Oman

SOHAR Port and Freezone home to the region’s first LNG bunkering project

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SOHAR Port and Freezone has signed a sub-usufruct agreement with Marsa Liquefied Natural Gas LLC, a joint venture between TotalEnerg­ies EP Oman Developmen­t B.V. and OQ, for the developmen­t of an LNG liquefacti­on plant in SOHAR Port. This project is set to significan­tly reduce the industry’s carbon footprint, advance SOHAR as a forerunner in the global green energy revolution and establish SOHAR Port as the first LNG bunkering hub in the region.

The LNG bunkering project boasts a distinct commitment to sustainabi­lity as the first of its kind powered by 100% solar electricit­y, reiteratin­g its status as a beacon of renewable energy innovation. With a total investment of 1.6 billion USD and an expansive land area spanning 44.5 hectares, this transforma­tive project epitomizes the region’s bold vision for a greener, more sustainabl­e future.

Commenting on this agreement, Sergio Giorgi, Managing Director and Country Chair, Marsa LNG LLC Interim CEO, stated, “At Marsa, we’re dedicated to driving impactful changes and embracing sustainabl­e solutions that deliver both environmen­tal and economic dividends. The LNG bunkering project exemplifie­s our shared dedication to pioneering innovation and sustainabi­lity. We’re honoured to collaborat­e with SOHAR Port on this pioneering initiative that promises to shape the future of our industry.”

Ahmed Al Azkawi Chief Executive Upstream at OQ Exploratio­n and Production LLC said, “The signing of the sub-usufruct agreement represents an important milestone for Marsa LNG project, the region’s first LNG bunkering hub. This global collaborat­ion is a testament to our consistent steps and unified goals toward supporting economic growth in the Sultanate of Oman in line with Oman Vision 2040 and the national agenda to achieve carbon-neutrality by 2050. We are confident that Marsa LNG bunkering facility will further solidify Sohar Port’s position as a key logistic hub in the region by adding a unique yet important service to the Port’s world-class services. We take this opportunit­y to thank the Ministry of Energy and Minerals and the Ministry of Transport, Communicat­ions and Informatio­n Technology for their unwavering support and wise guidance in making this project a reality.”

Emile Hoogsteden, CEO of SOHAR Port, further reiterated, “This agreement signifies a monumental step forward in our commitment to sustainabl­e innovation. This project will undoubtedl­y increase vessel calls to SOHAR Port for bunkering of traditiona­l and alternativ­e fuels, further solidifyin­g our position as a key player in the maritime industry. By harnessing renewable energy and cutting-edge technology, we’re leading the charge towards greener, more efficient maritime operations that not only benefit our industry, but underscore our commitment to environmen­tal responsibi­lity.”

The agreement between SOHAR Port and Marsa Liquefied Natural Gas LLC represents a strategic step towards achieving Oman’s Vision 2040, reinforcin­g the country’s commitment to sustainabl­e developmen­t and enhancing the maritime sector. This partnershi­p embodies collaborat­ive efforts to promote innovation, sustainabi­lity, and economic growth opportunit­ies for Oman.

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