Sohar: Sohar Port and Freezone has signed a sub-usufruct agreement with Marsa Liquefied Natural Gas LLC for the development of an LNG liquefaction plant in Sohar Port.
Marsa Liquefied Natural Gas LLC is a joint venture between TotalEnergies EP Oman Development B.V. and OQ.
This project is set to significantly reduce the industry’s carbon footprint, advance Sohar as a forerunner in the global green energy revolution and establish Sohar Port as the first LNG bunkering hub in the region.
The LNG bunkering project boasts a distinct commitment to sustainability as the first of its kind powered by 100% solar electricity, reiterating its status as a beacon of renewable energy innovation. With a total investment of USD 1.6 billion and an expansive land area spanning 44.5 hectares, this transformative project epitomizes the region’s bold vision for a greener, more sustainable future.
Commenting on this agreement, Sergio Giorgi, Managing Director and Country Chair, Marsa LNG LLC Interim CEO, stated, “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.”