OMAN
 
Oman Moves Forward With 200Mn Barrel Storage Hub
 
By Nader Itayim
 
Oman has moved one step closer to realizing its vision of establishing itself as a major hub for storage and export in the Middle East with the signing of preliminary agreements for the construction of a new 200mn barrel crude oil storage terminal near Duqm.
 
State-controlled Oman Oil Company (OOC) has joined forces with its downstream investment arm Takamul Investment Company...