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Hamburg
January 18, 2010

Matrix Marine: Bunkering License for Port of Sohar/Oman

Yesterday, Matrix Marine Holding GmbH (Matrix Marine) jointly with its partner Oman Oil Marketing Company SAOG (Omanoil) committed to the establishment of world class bunker operations in the Port of Sohar, Oman. In Muscat, HE Maqbool Ali Sultan, Minister of Commerce and Industry and Chairman of Sohar Industrial Port Company SAOC (SIPC), signed for SIPC with the joint venture between Matrix Marine and Omanoil.

The Port of Sohar has conducted a competitive tendering process selecting the most qualified operators for such service for its port. The port consists of an increasing number of industries as well as modern expanding terminals.

From Mid June 2010, Matrix Marine and Omanoil will offer marine fuels of different grades to vessels calling the port or staying at the anchorage area. The close proximity to international shipping lanes and especially traffic out of and into the Straits of Hormuz makes this port a promising destination for establishment of such service.


Matrix Marine
is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Hamburg, a leading independent petroleum company, privately owned. The business encompasses physical delivery of marine fuels in Houston, Singapore and India. Furthermore, Mabanaft is active in international trading of petroleum products, service stations, heating-oil retail, lubricants, and biofuels. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide.
www.matrixmarine.com
www.mabanaft.com
www.marquard-bahls.com

Omanoil is a leading downstream fuel marketing company in the Sultanate of Oman, supplying and distributing fuel in retail, commercial, lubricants and aviation sectors. As a dynamic and progressing organization, Omanoil was recently ranked No.1 by Oman Daily Observer as the top brand in fuel marketing category.

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