CREATING A HUB FOR THE FUTURE March 2018

Transcription

1 CREATING A HUB FOR THE FUTURE March 2018

2 309,500 km 2 Muscat 4.2 Mn (2015) Arabic, English 1,700 Km coastline USD bn GDP (2014) Omani Rial = USD 2.58 oil, natural gas, copper, fish, minerals Facts & Figures of Oman

3 Major Trade Partners UK, India, Japan, UAE, South Korea, China, EU, Thailand Oil & Gas reserves and production Production Reserves Crude 1 Mio b/d 5.3 Billion barrels Natural gas 3.4 Billion cft/d (96 Mcbm) 24.2 Trillion cft Oil and gas revenues account for 51% of GDP and 84% of national revenues Facts & Figures of Oman

4 International relationships Oman has relations with over 140 countries and is a member of over 105 regional and international organizations Free Trade Agreement USA, Singapore Facts & Figures of Oman

5 Flexible tax system Liberal invest policies & Business Incentives Equipped modern infrastructure Why Oman? Strategic Location Government stability Abundant natural & Energy resources Hospitality Culture Financial and monetary stability Land availability at low cost Low cost utilities Oman business environment

6 Duqm s strategic location... Oman is located out of the strait of Hormuz Connecting East and West 2 Proximity to major shipping lanes Doorstep away from major markets 4

7 90 km Port of Duqm Arabian Sea DILC Special economic zone duqm (Sezad): 2000 km² 43 km

8 Incentives Package One-stop station service 100% Foreign Ownership Usufruct agreements up to 50 years renewable Exemption from import & export duties Tax -exemption for 30 years Free Repatriation of Capital & profits No minimum capital requirement No personal income tax No currency restrictions Duqm business Incentives

9 Yibal Khazzan Sohar Duqm Mina al Fahal Muscat Oman LNG Sur Access to O&G projects Close to the new oil and gas concessions, inland and offshore Direct road access between Duqm and the oil fields free from bridges and tunnels Today there is no longer acceptance of (oversized) project cargo going to Oman via UAE s main ports Harweel 100km 150km 200km 250km 300km Gas Pipeline Future Gas Pipeline to Duqm Oil Pipeline Future Oil Pipeline to Duqm Salalah

10 RAK Fujairah Access to Mineral mines Deposits in Duqm area: Dolomite and Limestone (produced), Silica Sand, Clay/Shale Gypsum and limestone in South Oman Higher value products (Marble/Copper/Chromite) in North Oman

11 Transport System: Duqm railway connection DUBAI ABU DHABI Sohar IRAN The original project integrating Oman to the Inter- GCC railway is postponed. GCC Railway UAE Al Buraymi Muscat Sur A smaller rail line is now being proposed KSA connecting Duqm with: Major mining operations Oil and gas fields Hayma Duqm in southern part of Oman YEMEN Salalah

12 The heart of the Special Economic Zone

13 50/50 JV between Government of Oman and Port of Antwerp consortium: provision of expertise on development, operations and marketing By Royal Decree 28/2015 (8th July 2015): Develop, manage and operate Duqm port Endorses the Duqm Port Concession and Land Development (Usufruct) Rights Agreement Actual investment done by the Government Role of Port of Duqm Company

14 PORT AUTHORITY TERMINAL OPERATOR LANDLORD SINGLE FOCAL POINT FOR INVESTORS Role of Port of Duqm Company

15 Break Bulk / Project Cargo Dry Bulk OCTG pipe imports Early Container Operations Container Terminal Operations Liquid Bulk Logistic Land Hand-over Industrial Land Hand-over Liquid Bulk Land Hand-over ODC start up Duqm Airport Duqm Gas Pipeline Refinery Start up Duqm timeline IP 3 start IP 4 start IP 2 start IP 7 start Rail line Start up

16 Industrial Land Future Refinery Liquid Bulk Land Liquid Jetties Phase 2 Commercial Quay ODC Logistics Land 18m draft Basin Port of Duqm concession areas

17 PDC s Increased activity level Oil and gas project cargo OCTG market Oil and gas chemicals Off shore developments Construction works in the Port STS cargo handling (liquid, dry, break bulk) Dolomite and Limestone exports Navy activities Cement imports Oman Dry Dock activities OSC s Oman Express Service

18 7 Transforming the Port: Investment packages Main road and infrastructure Commercial quay Pre-Gates and security Government berth Main gates and admin building Logistic Land 3 7 Liquid bulk jetties Execution between 2016 and 2019

19 2019 TODAY 2200 m 350m Multipurpose EOC Navy Dry bulk IP2 contractor Multipurpose RORO Container Navy Dry bulk Commercial quay: IP2

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21 Container Terminal: Development of a gateway market Oil and Gas Duqm Developments Gateway market Inland industrial zones (Hayma, Nizwa, Sur, ) Creation of a Dry Port south of Muscat Access to Saudi Ras Musandam IRAN DUBAI ABU DHABI Sohar Muscat Al Buraymi UAE Nizwa Sur Sinaw KSA R 31 R 32 Hayma Masirah 50,000 TEU 50,000 TEU (2024) 7,000 TEU (2018) TBC TBC TBC Duqm IP2 / 3 / 7 ETC YEMEN Salalah

22 IP7 Project development Main contractor Boskalis Westminster subcontractor Sixconstruct LLC Project commencement date Dredging of ca 25 Mm³ Reclamation and ground improvement of 5 Mm³ Commissioning October 2019 Bunker requirements: bunker barge moved to Duqm

23 Liquid Bulk: Port of Duqm s ambition and vision Jebel Ali Sohar Export Refined products Muscat Off site storage Chemicals LPG import and export 3rd Party CPP Storage Sur Bunker Fuel Import LNG (FSRU) Strategic Storage > Detailed Studies ongoing Salalah Duqm Chemicals Crude Clean LPG LNG FSRU

24 Liquid Bulk Dry Bulk Navy Containers RORO Multipurpose Logistic land 2020 Plan

25 Future Cargo Traffic ( )

26 Liquid Bulk Navy RORO Multipurpose Containers Dry Bulk Logistic Land 2030 Vision Rail

27 Operations Update

28 Operational capabilities ISPS certified operations area 2200m quay length 2 Mobile Harbor Cranes 120 T Reach Stackers and Fork lifts Wheelloaders

29 Our People highly trained operational staff Mix Omani / Expat Training supported by Global Port Training Availability 365 days / Year 24/7 2 weeks on / 2 weeks off Special Safety Training

30 In summary Safety is PDC s priority No.1 PPE s required Pre-Operation Meeting for all operations No damage to Cargo Clear Standard Operating procedures Can Do attitude Create Smart Port Bayan Integration Endeavour highly motivated and Loyal People Strong Organization Training and Development Extra Equipment Extra Man Power Successful TOS and ERP implementation

31 Thank you! Port of Duqm Company Landline: