Asyad Group, in collaboration with OQ Alternative Energy and Sumitomo Corporation Middle East FZE, has announced a joint study to explore positioning Oman as a global leader in low-carbon fuels for bunkering. This initiative supports sustainable shipping practices and leverages Oman’s renewable resources to meet international decarbonization goals reported by Cision.
Feasibility Study for Low-Carbon Fuel Infrastructure
The study will evaluate key factors, including the cost of delivering low-carbon fuels, necessary infrastructure, and alignment with global regulatory standards. The results will help shape Oman’s role in providing competitively priced sustainable fuel options for the shipping industry.
Oman’s Strategic Advantages and Renewable Resources
Oman’s geographical position and access to superior renewable energy sources give it a competitive edge in low-carbon fuel production. Early findings indicate that Oman could become a frontrunner in offering low-carbon fuels like e-methanol and ammonia at competitive rates to the global maritime industry.
Ports of Salalah and Duqm as Key Bunkering Hubs
The Ports of Salalah and Duqm are earmarked for retrofitting to support low-carbon fuel operations. By transforming these ports into strategic bunkering hubs, Oman aims to further its Vision 2040 goals and lead the transition to sustainable maritime fuels, boosting its logistics sector’s growth.
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Source: CISION
