OOMCO inks deal with Wakud to introduce biodiesel in Oman

  • Date: 11-Apr-2022
  • Source: GCC Business News
  • Sector:Economy
  • Country:Oman
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OOMCO inks deal with Wakud to introduce biodiesel in Oman

Omani fuel marketing company, Oman Oil Marketing Company (OOMCO) has signed an agreement with the biodiesel project developer Wakud International (Wakud) in order to introduce biodiesel blends in Sultanate.

According to the statement, the two firms will explore the potential of selling different blends of biodiesel to customers in the Commercial and Marine segments.

The company noted that, “For corporations developing de-carbonization strategies, biodiesel can produce immediate impact without any capital expenditure.”

Biodiesel is appealing to marine clients who want to comply with IMO requirements and criteria for low-sulfur fuel because it contains nearly no sulfur, as per the statement.

Tarik Al Junaidi

CEO – OOMCO “OOMCO has been successfully leading the fuel marketing sector in the Sultanate of Oman by being customer-centric and providing the highest level of service to its customers. This collaborative work with Wakud is another example of how OOMCO has always been focusing on customers’ needs as this will allow OOMCO to provide new products that support its customers to achieve their de-carbonization target and drive the Oman 2040 vision towards sustainability. We are proud of Wakud as Omani SME and we trust both of us can contribute to the growth of Oman’s economy.”

As the leader in the fuel marketing