Shell Oman, Al Maha Petroleum win Oman Air fuel supply contracts

February 14, 2019

Shell Oman Marketing Co and Al Maha Petroleum Products Marketing Co have been awarded contracts to supply aviation fuel to the sultanate’s national carrier Oman Air.

Both oil marketing firms will supply Oman Air with aviation fuel with a volume share of 50 per cent each, commencing on March 1 for a period of two years, according to Shell Oman and Al Maha Petroleum’s filings to the Muscat Securities Market (MSM).

‘Shell Oman received a letter of intent regarding the recent tender to supply Oman Air with aviation fuel with a volume share of 50 per cent. This represents a significant increase in volume share from Shell Oman’s previous 20 per cent position’, Shell Oman said in its disclosure to the MSM.

The company said, ‘This tender award, as well as our sole operatorship of fuel farms at both Muscat International Airport and Salalah Airport, is a testament to our high standards in health, safety, security and environment, operational excellence and competitive commercial terms’.

In a separate disclosure to the MSM on Wednesday, Al Maha Petroleum confirmed that it has been awarded to supply aviation fuel to Oman Air for the 50 per cent of total volume for a period of two years. ‘This award is in continuation of Al Maha Petroleum’s existing aviation fuel supply contract with Oman Air for the 40 per cent of the volume’, the company said. Al Maha Petroleum will inform its shareholders on the financial effect of this new tender as and when related information become available, the company said.