Port of Salalah SPS, also known as Salalah Port Services Company SAOG, recently signed a lease agreement to develop a small to mid-size fuel terminal in the Port of Salalah with Oman Oil Marketing Company (omanoil).
Scheduled for completion by the end of 2016, the terminal venture will support omanoil’s potential and future growth. The port has been managed by APM Terminals, a Dutch terminal operating company, since 1998.
"This project will greatly enhance the bunkering options available in the Port of Salalah and is an important step to increasing the attractiveness of Salalah to international shipping lines," Port of Salalah CEO David Gledhill said. "The strategic location of Salalah on major shipping lanes makes it a natural location for bunkering operations, and we are delighted to have omanoil in the port working with us to realize this potential."
As Oman’s largest seaport, Port of Salalah is located in the Dhofar governorate on the Arabian Sea, advantageously positioned at the junction of Europe and Asia and serving East Africa, the Red Sea, India and the Gulf.
"This lease agreement is a new milestone in omanoil’s decade-long history,” omanoil Acting CEO and General Manager of Shared Services Faisal Al Shanfari said. “In addition to … expanding our service offering within the bunker supply business, this terminal will help us realize our strategy in Oman's southernmost governorate and in turn our vision to serve the nation as a whole. Our partnership with the Port of Salalah can only grow and prosper beyond this point and we are looking forward to a very rewarding future together."