News
Oiltanking Odfjell starts bulk liquid storage activities in Sohar
01.10.2008 - Muscat/Sohar:
Oiltanking Odfjell Terminals & Co. LLC (OOTO) successfully started bulk liquid storage operations at its state-of-the-art tank terminal located in Sohar, Oman. OOTO has put 322,000 cbm into operation to cater for the storage and handling of clean petroleum products and chemicals. It is the first phase of the total 842,500 cbm facility, currently under construction.
OOTO will commission an additional 216,500 cbm by the end of the year and another 304,000 cbm in the first and second quarter of 2009. Part of OOTO’s capacity will be dedicated for the storage and handling of feedstock and produced product for a world-scale aromatics plant located in the same port.
The terminal’s infrastructure provides excellent flexibility to its customers, quick turnaround times for vessels and added capabilities such as truck loading, blending and injecting of additives. OOTO’s tank terminal also has multiple pipeline connections to the local 116,000 bpd refinery. The terminal in Sohar is strategically located in the vicinity of major international shipping lanes just outside the Strait of Hormuz in the Gulf of Oman. The geographical location is ideal for trade to the western and eastern global markets.
OOTO continues to pursue various other projects with the aim of transforming Sohar into a major liquids hub in the region.
Oiltanking Odfjell Terminals & Co LLC is a joint venture of Oiltanking Odfjell Oman BV (70%), Oman Oil Company (25%) and a private investment company (5%). In November 2004, Oiltanking Odfjell signed a contract for the operation of liquid berthing facilities and the development of an independent bulk liquids storage terminal at the Sohar Industrial Port in the Sultanate of Oman.
Oiltanking GmbH is a subsidiary of Marquard & Bahls AG, Germany, a leading privately owned petroleum company. Oiltanking is the second-largest independent tank storage provider for petroleum products, chemicals and gases world-wide. The company owns and operates 62 terminals in 20 countries within Europe, North and South America, Middle East, India as well as Asia. Oiltanking has an overall capacity of 13 million cbm.
For more information about Oiltanking or Marquard & Bahls AG, please visit www.mbholding.com and www.oiltanking.com
For media enquiries, please contact:
Mr Gerard Reumer
Chief Executive Officer
Oiltanking Odfjell Terminals & Co. LLC
Tel: +968 2456 7980
Email: gerard.reumer@oiltanking.com
Mr Daan Vos
GM Asia Pacific, Middle East & Europe
Oiltanking GmbH
Tel: +49 40 370 990
mail: daan.vos@oiltanking.com