Page 13 - MEOG Week 30 2022
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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.

























































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