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MEOG NEWS IN BRIEF MEOG
Owji as saying on Wednesday. SERVICES Shippers may look at Sohar as an
The country sits on the world’s second- alternative to taking bunker fuel at Fujairah,
largest gas reserves after Russia, but US Oman Oil starts bunker especially in the event of congestion and
sanctions have hindered Iranian access to delays at terminals at the larger Middle
technology and slowed development of gas sales at Sohar port Eastern bunkering hub, he said. Fujairah is
exports. the world’s third-largest bunkering hub after
“We have collected close to $4bn of gas Oman Oil Marketing Co. has started bunker Singapore and Rotterdam.
exports for the first four months of the year, sales at Sohar port on the country’s east “We have flexibility, we have availability, we
which is nearly as much as what was collected coast as an alternative fuel source to the don’t have the wait times for ships to anchor,
for the entire previous year,” Owji said. Port of Fujiarah in the UAE, the company’s so we can add value where Fujairah cannot,”
Iran mainly exports gas to Turkey and Iraq senior manager Christophe El Kati said in an El Kati said.
but its delivery has not always been reliable interview. Sohar Port and Freezone is managed
due to debt-payment issues with Baghdad, IMO-compliant 0.5%S sulphur marine by Sohar Industrial Port Co., a 50:50 joint
Iran’s own domestic consumption needs, and fuel, 0.1%S marine gasoil and 3.5%S 380 venture between the Port of Rotterdam and
occasional technical problems which forced a CST bunker fuel are being offered after Oman.
momentary halt in exports to Turkey over the getting a bunker license from the Sohar Marine fuel 0.5%S bunker currently
winter. read more Port and Freezone, El Kati told S&P Global accounts for a little over 80% of demand at
The Iranian government says it has found Commodity Insights on July 22. The products Sohar, but plans are afoot to potentially start
ways to repatriate funds from earlier energy are being offered from the company’s 10,000 supplying biodiesel toward the end of the year
exports and reached an agreement to resume mt capacity barge Alpha, he said. Sohar port to cater to growing demand from shipowners
gas supplies to Iraq in April as Baghdad paid currently receives about 3,000 vessels per year, for alternative cleaner fuels, El Kati said.
part of its debts owed to Tehran. and does about 15,000 mt/month of bunker S&P GLOBAL
REUTERS sales.
Week 30 27•July•2022 www. NEWSBASE .com P13