Trescorp to Launch New Terminal in Sohar Port

In anticipation of the significant growth in petroleum trading in the Gulf Cooperation Council (GCC) region, Singapore-based Trescorp is to launch a new 45-hectare terminal in Sohar Port with an investment of $600 million.

According to the announcement, the new facility will feature six deep-water berths, with 25 meter drafts, one of them capable of receiving VLCC oil tankers of up to 320,000dwt – so-called supertankers.

The new terminal will occupy space in Sohar Port South, a recently announced land reclamation project designed to create more space for industry at the fast growing Omani hub.

In its first phase, the terminal will be equipped to receive, store and blend crude oil, fuel oil and diesel. Expansion plans for phase two include gasoline blending, jet fuel, asphalt and a lube oil blending plant.

Construction of phase-one will start next year, with an initial storage capacity of 600,000m³, while future expansion plans will take the total storage capacity up to 1.8 million m³.

According to the company, construction of the facilities will be privately funded with initial investments for phase one estimated at $187 million and the operations are set to begin by 2020.

Share this article

Follow Dredging Today

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

Eastern Chapter WEDA Fall 2019 Conference

Wednesday (10/16/19) afternoon will start the program with an opportunity to take the Dredging 101 course.

read more >

22nd World Dredging Congress & Exposition (WODCON XXII)

The event is being organized by the World Organization of Dredging Associations (WODA), China Dredging Association (CHIDA) and Eastern…

read more >

Wave Action on Coastal Structures

This course will teach the theory and methods necessary for delivering alternative solutions to coastal problems.

read more >

IADC SEMINAR ON DREDGING AND RECLAMATION IN DELFT

This five-day course strives to provide an understanding through lectures by experts in the field and workshops…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply