Sohar Port and Freezone has inked a sub-usufruct agreement with Marsa Liquefied Natural Gas LLC, a joint venture between Total Energies EP Oman Development B.V. and OQ, to establish an LNG liquefaction facility.
With a substantial investment of $1.6 billion and spanning 44.5 hectares of land, this project aims to showcase the region’s ambitious aim for an environmentally friendly and sustainable future.
Sergio Giorgi, Managing Director and Country Chair, Marsa LNG LLC Interim CEO, said: “At Marsa, we`re dedicated to driving impactful changes and embracing sustainable solutions that deliver both environmental and economic dividends.
“The LNG bunkering project exemplifies our shared dedication to pioneering innovation and sustainability. We`re honored to collaborate with SOHAR Port on this pioneering initiative that promises to shape the future of our industry.”
Emile Hoogsteden, CEO of SOHAR Port, further reiterated: “This agreement signifies a monumental step forward in our commitment to sustainable innovation. This project will undoubtedly increase vessel calls to SOHAR Port for bunkering of traditional and alternative fuels, further solidifying our position as a key player in the maritime industry.
“By harnessing renewable energy and cutting-edge technology, we`re leading the charge towards greener, more efficient maritime operations that not only benefit our industry but underscore our commitment to environmental responsibility.”
In November 2023, Sohar Port and Freezone announced the launch of the Sohar Net-Zero Alliance (SNZA) to accelerate Oman’s carbon neutrality efforts.