News
Oiltanking Odfjell Terminals & Co starts construction of the first independent bulk liquid storage terminal in the Sultanate of Oman
16.05.2007 - Hamburg:
Oiltanking is pleased to announce the start of construction of 537,000
CBM capacity as the first phase of an independent bulk liquid storage
terminal in the Industrial Port of Sohar, Sultanate of Oman.
This first phase will cater for clean petroleum products and has already been reserved by the market. The completion is envisaged before the end of 2008.
The strategic location of Sohar, just outside the Strait of Hormuz and close to the main international shipping lanes offers excellent distribution possibilities to the various Middle Eastern countries inside the Gulf, India, Asia, Europe and the east coast of Africa . It will accommodate those customers who wish to use the terminal for consolidation and/or break of bulk of cargo, for upgrading and blending of their product, or for distribution purposes.
Today Oiltanking Odfjell Terminals & Co. LLC, OOT, already operates 6 deepwater marine jetties in the Port of Sohar, capable of handling up to 107,000 DWT vessels, and has been allocated an adjacent plot of 36-hectare for terminal development. The storage infrastructure will provide the necessary flexibility to customers and a quick turnaround time for vessels.
Additionally OOT is in discussion with a number of petroleum and chemical companies that have or target to have production facilities within the Industrial Port of Sohar. These discussions focus on the possibilities to outsource the production related bulk liquid storage facilities under a long-term agreement to OOT.
OOT is a joint venture of Oiltanking Odfjell Terminals Oman BV (70%), Oman Oil Company SAOC (25%) and Seven Seas Company LLC (5%).
Oiltanking Odfjell Terminals Oman BV is a joint venture registered in the Netherlands between Oiltanking GmbH (42.5%), Odfjell Terminals AS (42.5%) and Star Energy Group Limited (15%).
Oiltanking, a division of Marquard & Bahls AG, Germany, is one of the largest independent tank storage providers for petroleum products, chemicals and gases world-wide. Oiltanking owns and operates 73 terminals in 21 countries in Europe, North and South America, Middle East, India and Asia. The group has an overall capacity of nearly 12 million CBM.
For more information, please visit www.oiltanking.com and www.mbholding.com
This first phase will cater for clean petroleum products and has already been reserved by the market. The completion is envisaged before the end of 2008.
The strategic location of Sohar, just outside the Strait of Hormuz and close to the main international shipping lanes offers excellent distribution possibilities to the various Middle Eastern countries inside the Gulf, India, Asia, Europe and the east coast of Africa . It will accommodate those customers who wish to use the terminal for consolidation and/or break of bulk of cargo, for upgrading and blending of their product, or for distribution purposes.
Today Oiltanking Odfjell Terminals & Co. LLC, OOT, already operates 6 deepwater marine jetties in the Port of Sohar, capable of handling up to 107,000 DWT vessels, and has been allocated an adjacent plot of 36-hectare for terminal development. The storage infrastructure will provide the necessary flexibility to customers and a quick turnaround time for vessels.
Additionally OOT is in discussion with a number of petroleum and chemical companies that have or target to have production facilities within the Industrial Port of Sohar. These discussions focus on the possibilities to outsource the production related bulk liquid storage facilities under a long-term agreement to OOT.
OOT is a joint venture of Oiltanking Odfjell Terminals Oman BV (70%), Oman Oil Company SAOC (25%) and Seven Seas Company LLC (5%).
Oiltanking Odfjell Terminals Oman BV is a joint venture registered in the Netherlands between Oiltanking GmbH (42.5%), Odfjell Terminals AS (42.5%) and Star Energy Group Limited (15%).
Oiltanking, a division of Marquard & Bahls AG, Germany, is one of the largest independent tank storage providers for petroleum products, chemicals and gases world-wide. Oiltanking owns and operates 73 terminals in 21 countries in Europe, North and South America, Middle East, India and Asia. The group has an overall capacity of nearly 12 million CBM.
For more information, please visit www.oiltanking.com and www.mbholding.com