{"id":88735,"date":"2025-09-08T00:00:00","date_gmt":"2025-09-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/"},"modified":"2025-09-08T00:00:00","modified_gmt":"2025-09-08T00:00:00","slug":"oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/","title":{"rendered":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption"},"content":{"rendered":"

Oman <\/strong>+ Iraq partner on crude storage:<\/strong> Subsidiaries of Oman\u2019s OQ Group \u2014 Oman Tank Terminal Company (Ottco) and OQ Trading \u2014 have signed an MoU with the Iraqi Oil Marketing Company (Somo) to store Iraqi crude oil in Oman\u2019s Special Economic Zone at Duqm (Sezad), ONA<\/a> reported last week. The project is slated for an initial capacity of 10 mn barrels and will be based in Sezad\u2019s Ras Markaz oil terminal \u2014 outside the Strait of Hormuz, a potential supply bottleneck. The timeline and investment ticket were not disclosed.<\/p>\n

A geographic advantage: <\/strong>Located on Oman\u2019s Indian Ocean coastline, Ras Markaz is touted as an alternative to terminals hemmed in by the Strait of Hormuz, which Iranian authorities threatened to close<\/a> earlier this year. Ottco has operated the facility since 2023, with its first phase boasting a capacity of 25 mn crude oil barrels, according to the OQ subsidiary\u2019s website<\/a>. Customers can import, export, or store as much as 20 mn barrels, with the remaining capacity allotted to Duqm\u2019s OQ8 Refinery.<\/p>\n

There\u2019s more: <\/strong>As per a second MoU, OQ Trading will market Iraqi oil to international markets in a bid to raise the crude\u2019s commercial value, the outlet reports. <\/p>\n

What they said: <\/strong>Somo and the OQ Group are looking to store Iraqi oil outside the Strait of Hormuz, closer to global shipping lanes, the outlet quotes Somo General Manager Ali Nizar Al Shatri as saying. The move will also provide a reliable alternative to sustaining Iraqi exports, he added.<\/p>\n

ICYMI- <\/strong>State-owned OQ invested some USD 10 bn<\/a> in several Duqm projects as of late 2023, including the Ras Markaz Oil Storage Terminal. Sezad meanwhile inaugurated<\/a> an OMR 58 mn road project linking Duqm Airport with the terminal earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oman\u2019s OQ Trading will be marketing Iraqi crude for export to international markets, as per an MoU signed with Somo<\/p>\n","protected":false},"author":1,"featured_media":88736,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[221],"tags":[35,142,207,32,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-storage-warehouses","tag-iraq","tag-oman","tag-storage-warehouses","tag-trade","tag-zones","wpautop","entry"],"acf":{"mongo_id":"e147fae5-d6d8-40d0-83b9-eba30eda0481","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/398.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption","related_issue":[88725],"teaser":"Oman\u2019s OQ Trading will be marketing Iraqi crude for export to international markets, as per an MoU signed with Somo","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.addf7d72-6776-4036-a91e-1837ee268ed5.mp3"},"yoast_head":"\nOman to store Iraqi crude, Baghdad hedges against Hormuz disruption - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption\" \/>\n<meta property=\"og:description\" content=\"Oman\u2019s OQ Trading will be marketing Iraqi crude for export to international markets, as per an MoU signed with Somo\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-08T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption\",\"datePublished\":\"2025-09-08T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\"},\"wordCount\":297,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Iraq\",\"Oman\",\"STORAGE + WAREHOUSES\",\"trade\",\"ZONES\"],\"articleSection\":[\"STORAGE + WAREHOUSES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\",\"name\":\"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-09-08T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/","og_locale":"en_US","og_type":"article","og_title":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption","og_description":"Oman\u2019s OQ Trading will be marketing Iraqi crude for export to international markets, as per an MoU signed with Somo","og_url":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/","og_site_name":"Logistics","article_published_time":"2025-09-08T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption","datePublished":"2025-09-08T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/"},"wordCount":297,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1","keywords":["Iraq","Oman","STORAGE + WAREHOUSES","trade","ZONES"],"articleSection":["STORAGE + WAREHOUSES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/","url":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/","name":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1","datePublished":"2025-09-08T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/08\/oman-to-store-iraqi-crude-baghdad-hedges-against-hormuz-disruption\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Oman to store Iraqi crude, Baghdad hedges against Hormuz disruption"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/398.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/88735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=88735"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/88735\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/88725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/88736"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=88735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=88735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=88735"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=88735"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=88735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}