SOHAR Port and Freezone has announced a significant investment opportunity in the development of a Petrochemical Bunkering Terminal. This pre-announcement invites qualified and experienced entities to express their interest in participating in this venture, which is poised to enhance the region’s maritime and petrochemical infrastructure.
Overview of SOHAR Port and Freezone
Located strategically at the entrance of the Gulf of Oman, SOHAR Port is approximately 200 kilometers northwest of Muscat, the capital of Oman. The port’s geographical positioning provides it with a vital role in international trade routes, serving as a key hub for shipping and logistics in the Middle East.
SOHAR Port has emerged as one of the fastest-growing ports in the region, with a total area of over 4,500 hectares and deep-water berths capable of accommodating large vessels. This makes it ideal for various maritime operations, including bunkering, which involves supplying fuel to vessels at sea or in port.
Bunkering Facilities and Services
The port is equipped with advanced facilities that cater specifically to the needs of the oil and gas industry, including dedicated bunkering terminals. These facilities ensure efficient fuel supply and quick turnaround times for vessels, critical for maintaining maritime operations in a competitive environment. SOHAR Port’s infrastructure supports a diverse range of fuels, including marine gas oil (MGO) and low sulfur fuel oil (LSFO), aligning with international regulations for emissions and sustainability.
With an annual throughput capacity exceeding 60 million tons, SOHAR Port plays a crucial role in the economic development of Oman, attracting numerous international companies. The establishment of a Petrochemical Bunkering Terminal will further position the port as a leader in maritime services, enhancing its capability to meet the growing demands of the shipping industry.
Key Details of Investment Opportunity
- Geographical Location: SOHAR Port is strategically located at the entrance of the Gulf of Oman, about 200 kilometers northwest of Muscat.
- Deadline for Expression of Interest: 15 October 2024
Steps to Participate
- Expression of Interest: Send an official letter to the Procurement and Contracts Department.
- NDA Signing: Upon confirmation, an NDA will be provided for signature.
- Return Signed NDA: Sign and return the NDA within two working days.
- Receive Opportunity Documents: After signing the NDA, interested companies will receive investment opportunity documents, including technical requirements and submission guidelines for non-binding proposals.
The deadline for the submission of the Expression of Interest (EOI) is 15 October 2024. Companies looking for further clarification on this pre-announcement can reach out by clicking below link.
This investment opportunity is a significant step towards bolstering the bunkering and petrochemical sectors at SOHAR Port. By inviting qualified entities to participate, SOHAR Port and Freezone aims to strengthen its position as a premier hub for maritime activities in the region, further enhancing its infrastructure and service offerings for the global shipping industry.
With its strategic location, advanced facilities, and commitment to growth, SOHAR Port is set to play a pivotal role in the future of bunkering and petrochemical services.
Source SOHAR Port and FreeZone