Oman buys two new liquefied petroleum gas and oil derivatives carriers

Published June 25th, 2006 - 06:33 GMT

The Sultanate of Oman government signed on Saturday an agreement with Mitsui OSK Line to purchase two new liquefied petroleum gas and oil derivatives carriers. 

 

According to ONA, the agreement was signed by Ahmed bin Abdul-Nabi Macki, National Economy Minister and Deputy Chairman of the Financial Affairs and Energy Resources Council and chairman of Oman Shipping Company (OSC)’s board and the board chairman of the Japanese company. Macki noted the agreement comes within the context of diversifying resources of the National income and ensuring more revenues from the oil and gas sector.   

 

He added by 2009, OSC’s fleet will reach 10 vessels. The new tankers which are owned by OSK (50%) and Mitsui KOS Line (50%) will be leased for a long period.  The capacity of the liquefied petroleum gas carrier is 83,000 cubic meter, while the capacity of the oil derivatives vessel is 110,000 tonnes.