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News 2026-10-01 05:24 UTC

Oman Plans 10M Barrel Storage Capacity Expansion at Duqm

Oman plans to increase its onshore crude oil storage capacity at Duqm to approximately 10 million barrels within the next three years. This initiative aims to establish the Arabian Sea port as a significant regional storage and trading hub. OQ Group is also reportedly considering the acquisition of two very large crude