PHOTO
Muscat – As part of its efforts to broaden its services and serve the Sultanate’s expanding fuel needs, Oman Oil Marketing Company has entered into a long-term fuel supply agreement with the Port of Duqm. Through the contract the fuel marketing company will provide the port, where it is the sole licensed fuel marketer, with a high capacity Mobile Fuel Station. The agreement was signed between David Khalife, Chief Executive Officer of Oman Oil Marketing Company, and Reggy Vermeulen, Chief Executive Officer of Port of Duqm, at the port’s head office. Part of the company’s long-term strategy to transform Oman’s fuel industry, the contract complements its existing operations at the strategically significant port, where it is in the process of building physical storage facilities, including a bunker fuel terminal.
“Oman Oil Marketing Company has been steadily growing its marine business, and building our reputation for providing high-quality fuel services. Our ongoing relationship with the Port of Duqm is a testament to this and we’re pleased to support them as they develop the port into an international commercial gateway and an important strategic hub for industrial and economic investment,” said Amer Jaboob, General Manager of B2B at Oman Oil Marketing Company. “Providing our services there not only broadens our exposure beyond Oman, but is an important part of our efforts to serve the evolving fuel needs of the country and support economic development.”
The agreement is the latest in a string of alliances the fuel marketer has made with some of Oman’s largest development projects as part of an ambitious diversification strategy. The company is also looking into further expansion opportunities elsewhere. With a focus on the development of strategic partnerships and offering high quality services to all its customers, the company aims to position itself among the top five fuel marketers in the GCC by 2025.
© Press Release 2020Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
