Omanoil Secures Two-Year Bulk Fuel Supply Agreements With Raeco And Oxy Oman

Muscat, June 2011

Oman Oil Marketing Company (omanoil) has secured two bulk fuel supply agreements with the Rural Areas Electricity Company SAOC (RAECO) and Oxy Oman, key projects that are contributing to the nation’s long and ongoing path towards development. omanoil will supply twelve out of eighteen power stations operated by RAECO in the north of Oman with a total of 210 million liters for the coming two years in addition to 60 million liters for OXY Oman’s drilling and development program in Safah during the same period.

“We strive to complement the growth of the national economy throughout every sector of our business operations, which was a key factor in securing these two contracts," said Eng. Omar bin Ahmed Qatan, CEO of omanoil. "Our ongoing investment in personnel and state-of-the-art facilities has enabled us to address market demands in a safe, reliable and efficient manner which is underpinned by innovation and productive customer service. We are proud to see our investment bear fruit and be recognized as a partner of choice.”

omanoil’s fuel supply track record is renowned in the industry and serves an ever-growing roster of government and commercial customers across the Sultanate. With three strategically located offices in Muscat, Sohar and Salalah, the company attributes its success to its full service solutions package that is tailored to individual customer requirements, delivering added-value at every stage.