Energy, Oil & Gas

OQRPI signs marine fuel, petroleum coke supply agreements

MUSCAT
OQRPI signs marine fuel, petroleum coke supply agreements

OQ Refineries and Petroleum Industries (OQRPI) has signed two strategic commercial agreements with O Bunkering and Sanvira, covering the annual supply of 48 million litres of marine fuel and 450,000 tonnes of petroleum coke, respectively, strengthening Oman’s energy sector partnerships and supporting local content development.

The agreements were signed during OQRPI’s 2026 Customer Engagement Forum, held under the theme “Growing Together”, by Said Al Mahrouqi, Chief Commercial Officer of OQRPI, and Eng. Sulaiman Ali Al Hadhrami, Chief Executive Officer of O Bunkering.

Under the first agreement, OQRPI will sell and supply 48 million litres of marine fuel annually to O Bunkering.

The deal aims to support the growth of Oman’s marine bunkering market by enabling small and medium enterprises (SMEs) to purchase fuel directly from OQRPI without intermediaries, improving market competitiveness and creating greater opportunities for local businesses.

The second agreement with Sanvira covers the sale of OQRPI’s entire annual petroleum coke production, amounting to 450,000 tonnes.

The arrangement is intended to improve product management efficiency and strengthen commercial cooperation between the companies.

Together, the agreements are expected to expand OQRPI’s commercial partnerships, enhance operational efficiency and increase SME participation in the energy value chain, supporting Oman’s Local Content objectives and Oman Vision 2040.

Speaking at the forum, Almuhallab Al Saidi, Vice President of Commercial Operations at OQRPI, highlighted the importance of collaboration and shared efforts in driving sustainable growth.

He said the theme “Growing Together” reflects the company’s commitment to building partnerships based on trust and knowledge sharing to support business development and identify new opportunities. -OGN/TradeArabia News Service