Muscat – OTTCO imported more than 950 million barrels of crude oil and exported nearly 17 million metric tons of petroleum products.
Located in the Special Economic Zone at Duqm (SEZAD), the terminal has also imported more than 950 million barrels of crude oil, reinforcing its strategic role in regional and international energy markets. These achievements were highlighted by Engineer Salem bin Marhoon Al Hashmi, CEO of OTTCO, in a statement to the Oman News Agency.
Al Hashmi emphasised that the terminal’s success is built on adherence to top safety and operational standards, and aligns with the Sultanate of Oman’s vision to become a reliable global partner in energy security. Strategically positioned on international shipping lanes in the Indian Ocean, Ras Markaz connects Oman to key markets in Asia, Africa, and Europe.
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The terminal is currently linked to the Duqm Refinery via an 80-kilometer pipeline, facilitating efficient crude oil transport. The facility features eight major storage tanks, floating platforms, seven kilometres of subsea pipelines, and comprehensive infrastructure for oil handling, blending, and export operations.
In its push toward clean energy, OTTCO has also initiated infrastructure development for green ammonia storage and export, in line with Oman’s energy transition goals. The company has signed a strategic partnership with Dutch firm Vopak, a global leader in storage services, to position Duqm as a major international storage and logistics hub.
Al Hashmi noted that OTTCO is exploring smart, shared infrastructure and establishing global partnerships to promote knowledge exchange and enhance sustainability. These efforts align with the Sultanate’s ambitions to become a regional leader in clean energy exports, including ammonia and green hydrogen.
The Ras Markaz terminal, with its capacity to store up to 200 million barrels of oil across 40 square kilometres, offers global oil companies a secure alternative for large-scale crude oil storage outside the Strait of Hormuz, further enhancing Oman’s strategic value in global energy logistics.
