Coalition agrees to study low carbon fuels bunkering in Oman

In Oman, Asyad Group, in collaboration with OQ Alternative Energy and Sumitomo Corporation Middle East FZE, announced a joint study agreement to explore the potential of establishing Oman as a global leader in low-carbon fuels for bunkering. This visionary initiative represents a pioneering step in promoting sustainable shipping practices to meet global decarbonization goals in the maritime industry and leveraging Oman’s renewable resources on a global scale.

The group has issued a Request For Information (RFI) to the world’s leading shipping companies to drive the adoption of global green logistic solutions in Oman. Additionally, a feasibility study will be conducted to assess key factors including the levelized costs of delivered low-carbon fuels, the infrastructure required to support such operations, and the alignment with global regulatory standards for sustainable fuels.