Omanoil wins Phoenix Power Company's tender to supply fuel to sultanate's first independent power project in Sur

The $1.6bn project will be designed, constructed, financed and operated by a multinational consortium which has named Omanoil the power plant's contingency fuel supplier.

Although the power plant operates on gas, provision of a standby fuel supply in emergency cases of gas shortage is mandatory. Omanoil will supply a fuel storage capacity that is equivalent to five working days to ensure undisrupted operational efficiency. The project in Sur's Industrial Estate is set to answer the growing demand for electricity while the implementation of state-of-the-art technology will result in higher conversion efficiency to conserve Oman's valuable natural resources.

"As a proudly Omani company, our business objectives are designed to reinforce the country's developmental plans and serve landmark projects with complete and customized fuel package solutions," said Hussain bin Jama Al Ishaqi, General Manager of Retail and Commercial.

"To enrich the project, we will focus on the safe supply of bulk petroleum and control fuel quality at every stage of the supply chain from the refinery to the site. Innovative ecological conservation practices will also be encouraged to safeguard the environment for future generations."

David Fearon, Executive Managing Director of Phoenix Power Company (SAOC) said, "omanoil's consistent professional approach, efficiency and foremost, its promise to maintain a role in driving socio-economic development has gained our trust and goodwill. Our confidence in Omanoil's contribution to the success of the project stems from its years of experience and understanding of best international practices in commercial fuels. We are proud to welcome Omanoil on board as a company that is not only committed to the success of its clients but as a company that has the country's best interests at heart."

Upon full commissioning in 2014, the power plant will represent approximately 30% of Oman's installed power capacity and provide 2,000 megawatts of capacity to meet the country's demand for electricity. The project will come on stream in two phases, with power of 433MW scheduled to be available from April 2013 and the remaining 1,567MW scheduled for commercial operation in April 2014.