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OQ Group has accomplished the development works of the primary section of the Ras Markaz crude oil storage terminal, with a storage capability of about 26.7 million barrels.
The challenge, applied by the Oman Tank Terminal Firm (OTTCO), is the most important of its sort and was in-built accordance with worldwide requirements, with 100 per cent Omani financing.
The Ras Markaz challenge, which is situated within the Al Wusta Governorate, is without doubt one of the strategic initiatives within the Sultanate of Oman. Salem bin Marhoon al Hashemi, basic supervisor of the challenge, mentioned, “Ras Markaz goals to retailer and mix all forms of crude oil in giant portions, with its infrastructure able to assembly the wants of native and worldwide markets.”
The corporate goals to make the Ras Markaz challenge the most important crude oil storage challenge within the Center East to function an essential world centre for buying and selling crude oil, given the strategic location overlooking the Arabian Sea and the Indian Ocean and to make the Sultanate of Oman a significant centre for oil storage within the area.
Al Hashemi confirmed that the Sultanate of Oman at present depends on Mina al Fahal to export crude oil.
He pointed that first section of the challenge is 10 sq. kilometer space, which might accommodate about 26.7 million barrels. The whole space allotted for all the challenge is 40 sq. kilometers ready to retailer as much as about 200 million barrels of oil and the corporate will improve its capability in line with the rising demand.
Al Hashemi mentioned that the challenge consists of two components. The primary is the marine works, which is now accomplished and which embody the floating station for import and export, which is about 7 kilometres from the shore and two pipelines with a diameter of 42 inches and associated methods. The second a part of the challenge is the development of oil pumping methods, water therapy and constructing reservoirs, energy stations community and different related methods
He added that the floating station for importing and exporting crude oil was constructed to be to obtain the most important oil tankers on the planet with a depth of as much as 42 metres. It was linked to 4 important pumps to push crude oil to the storage space, which is situated at an altitude of greater than 120 metres above sea degree.
The positioning can be prepared so as to add extra pumps to maintain tempo with the demand for oil storage on the station each time there’s a want for growth.
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