{"id":90577,"date":"2025-11-26T00:00:00","date_gmt":"2025-11-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/11\/26\/omans-sohar-freezone-secures-usd-220-mn-financing-for-expansions\/"},"modified":"2025-11-26T00:00:00","modified_gmt":"2025-11-26T00:00:00","slug":"omans-sohar-freezone-secures-usd-220-mn-financing-for-expansions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/11\/26\/omans-sohar-freezone-secures-usd-220-mn-financing-for-expansions\/","title":{"rendered":"Oman\u2019s Sohar Freezone secures USD 220 mn financing for expansions"},"content":{"rendered":"

Sohar <\/strong>locks in USD 220 mn for phase two:<\/strong> Oman's Sohar Port and Freezone closed a USD 220 mn financing agreement with Oman Arab Bank and another local Omani bank to finance its expansion efforts, Muscat Daily<\/a> reports. The funds will back expansion in the port's southern area, including the Marsa LNG<\/a> project \u2014 a TotalEnergies-OQ JV \u2014 and the second phase of the Freezone. Oman Arab Bank is taking on the roles of facility agent, security agent, and principal financier.<\/p>\n

What\u2019s in store for the zone? <\/strong>We know that the zone\u2019s second phase involves adding 670 hectares in a bid to boost cargo capacity, the Oman News Agency<\/a> reported earlier this year.
The upcoming phase will also include a USD 565 mn solar production facility<\/a> by China-based Ja Solar, which is slated to begin operations by 1Q 2026. <\/p>\n

Marsa LNG is making strides: <\/strong>This month, the project signed<\/a> a natural gas sales agreement with Oman\u2019s state-owned Integrated Gas Company to offtake and transport 150 mn cbm of natural gas. <\/p>\n

REMEMBER-<\/strong> Marsa LNG \u2014 the first LNG bunkering project in the region \u2014 is a 44.5-hectare LNG liquefaction plant boasting a total investment ticket of USD 1.6 bn. The plant will be powered by a 300 MW solar plant and will produce one mn tonnes of LNG annually. Dredging began<\/a> earlier this year, with LNG production at the plant set to kick off in 1Q 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"

The funds will back Sohar\u2019s expansion of its port\u2019s southern area, including Marsa LNG, and the second phase of the freezone<\/p>\n","protected":false},"author":1,"featured_media":90578,"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":[166],"tags":[165,227,142,401,37,169,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-lng","tag-oman","tag-oq","tag-ports","tag-sohar-port","tag-zones","wpautop","entry"],"acf":{"mongo_id":"d28a05fc-0607-4276-b5e5-2fb9fe3af63f","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/2002.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman\u2019s Sohar Freezone secures USD 220 mn financing for expansions","related_issue":[90572],"teaser":"The funds will back Sohar\u2019s expansion of its port\u2019s southern area, including Marsa LNG, and the second phase of the freezone","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7a76b2f5-b77c-4a77-9fb1-63056234532c.mp3"},"yoast_head":"\nOman\u2019s Sohar Freezone secures USD 220 mn financing for expansions - 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