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Thursday, November 12 - 2009

omanoil and Oman National Transport Company sign five year agreement

Oman Oil Marketing Company (omanoil), one of the leading Omani fuel and lubricants marketing companies in the Sultanate, has signed a five-year fuel supply agreement with Oman National Transport Company (ONTC) for the operation of its extensive fleet of 255 buses and coaches.

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The agreement was signed by Eng. Omar Ahmed Qatan, Oman Oil Marketing Company CEO and Abdullah Saalmeen Al Ajmi, Oman National Transport Company General Manager, whereby omanoil will be the sole supplier for ONTC in the coming five years.

"This agreement is an attestation to our position as a premier provider of commercial fuels and a fabric of the Sultanate's growth and development," expressed Eng. Qatan, "Oman National Transport Company plays a central role in the nation's public transportation and tourism industry and we are proud to embark on this new partnership to meet the demands of a fast growing economy."

On the occasion, Al Ajmi added, "Oman Oil Marketing Company is of vital importance to the provision of bulk fuel supplies for achieving ONTC's objectives. Our aim is to enhance our operations by benefiting from the omanoil's reputed and unsurpassed quality of service, customer care and in-depth expertise to provide a total package solution that caters to our requirements."

Oman National Transport Company has been serving travelers with its large network of high standard buses and coaches for over 28 years. In line with its ever-growing expansion, ONTC continues to provide both national and international transport services to all the Sultanate's governorates and to cities such as Dubai and Abu Dhabi in the UAE.
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About Oman National Transport Company (ONTC)
Oman National Transport Company was established in 1972 to provide school bus transportation and in 1974 a land for a bus depot was allocated in Athaiba near Seeb Airport. By 1975, 64 buses and 5 coaches were ordered to cater to schools and local communities before ONTC was re-established throughout the country in 1984. Now, ONTC has 28 years of experience backed by transport professionals.

The Company's main shareholder is the Government with 99.8% and equal minority shareholders such as Oman Development Bank (ODB) and Port Services Corporation. ONTC operates under the supervision of the Ministry of Transport & Housing.

About Oman Oil Marketing Company SAOG
Formed in October 2003, following the acquisition of the majority share of BP Oman by Oman Oil Company (OOC), Oman Oil Marketing Company with the brand name omanoil is envisaged to be the future prominent player in petrol and lubricant retail in Oman. Today Oman Oil Marketing Company SAOG is involved in the marketing and distribution of fuels and lubricant products and operates in the sectors of fuel retailing, direct (bulk) fuel sales to Government and the Commercial sector, lubricants, aviation refueling and storage and distribution.

Oman Oil Marketing Company's success is created and maintained by well-trained, motivated and innovative people. The Company is proud to have a diverse team that is dedicated to the overall corporate objectives. Operating in an increasingly competitive business environment, The Company has continued its strong performance focus and consistently achieved its primary safety, operating and financial targets.

For more information, please contact:

Hassan Al Saleh
Trans-Arabian Creative Communications (TRACCS)
Muscat, Sultanate of Oman
Telephone: +968 24 605-028
Fax: +968 24 605-027

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