logo
IGC leading Oman's gas transformation: Advancing industry, empowering the nation

IGC leading Oman's gas transformation: Advancing industry, empowering the nation

Zawya9 hours ago
Muscat – As Oman accelerates its economic diversification under Vision 2040, the Integrated Gas Company (IGC) has emerged as a pivotal force in strengthening the country's energy backbone—unlocking industrial potential, driving national growth, and securing the future of Oman's gas value chain.
Since its establishment in late 2022, IGC has transformed the structure and governance of Oman's gas sector, becoming the exclusive entity responsible for gas aggregation, supply contracts, and allocation across the Sultanate. Today, IGC oversees the management of over 44 billion cubic meters of natural gas annually balancing domestic industrial demand, power generation, and LNG export commitments with unmatched operational agility and transparency.
A key milestone in this national journey is IGC's recent approval of a strategic pipeline connecting Fahud to Sohar, with an extension to Ibri. The 193-kilometre infrastructure is not just a pipeline; it is a symbol of IGC's future-ready vision—designed to enable industrial zones, empower new economic clusters, and reinforce Oman's standing as a regional energy hub.
'Gas is more than an energy source—it's the engine of Oman's industrial growth,' said Abdul Rahman Al Yahyaei, Chief Executive Officer of IGC. 'At IGC, our role goes beyond supply. We are orchestrating a national strategy that ensures every molecule of gas fuels long-term value for our industries, our people, and our economy.'
IGC's operating model brings together supply-demand forecasting, transparent allocation systems, and advanced digital tools like Oman's first spot gas auction platform. These innovations are strengthening gas availability for over 134 end-users across power, petrochemicals, metals, and manufacturing sectors—ensuring no opportunity is missed in turning gas into national gain.
Through strategic projects like the Sohar–Ibri pipeline and its rigorous stakeholder engagement, IGC is fostering confidence in Oman's industrial capabilities. The pipeline alone will increase the gas network length by 4.5% and serve two high-potential industrial hubs, catalyzing new investments and jobs across value chains.
In parallel, IGC's role in supporting clean energy transitions is gaining momentum. From transitional gas supply to green steel projects like Vulcan in Duqm to enabling gas-based low-carbon growth, IGC is ensuring that Oman's energy mix evolves without compromising reliability or resilience.
As the exclusive gas shipper and national aggregator, IGC not only administers Oman's gas but defines its future. With every pipeline built, every contract executed, and every allocation optimized, IGC fuels the ambitions of a nation on the rise.
About IGC:
The Integrated Gas Company SAOC (IGC), established in 2022, is Oman's national gas aggregator, tasked with overseeing gas purchase, sales, allocation, and supply infrastructure development. Aligned with Oman Vision 2040, IGC works to deliver secure, sustainable, and strategically optimized gas solutions that empower industries, support innovation, and drive inclusive national growth.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

IGC leading Oman's gas transformation: Advancing industry, empowering the nation
IGC leading Oman's gas transformation: Advancing industry, empowering the nation

Zawya

time9 hours ago

  • Zawya

IGC leading Oman's gas transformation: Advancing industry, empowering the nation

Muscat – As Oman accelerates its economic diversification under Vision 2040, the Integrated Gas Company (IGC) has emerged as a pivotal force in strengthening the country's energy backbone—unlocking industrial potential, driving national growth, and securing the future of Oman's gas value chain. Since its establishment in late 2022, IGC has transformed the structure and governance of Oman's gas sector, becoming the exclusive entity responsible for gas aggregation, supply contracts, and allocation across the Sultanate. Today, IGC oversees the management of over 44 billion cubic meters of natural gas annually balancing domestic industrial demand, power generation, and LNG export commitments with unmatched operational agility and transparency. A key milestone in this national journey is IGC's recent approval of a strategic pipeline connecting Fahud to Sohar, with an extension to Ibri. The 193-kilometre infrastructure is not just a pipeline; it is a symbol of IGC's future-ready vision—designed to enable industrial zones, empower new economic clusters, and reinforce Oman's standing as a regional energy hub. 'Gas is more than an energy source—it's the engine of Oman's industrial growth,' said Abdul Rahman Al Yahyaei, Chief Executive Officer of IGC. 'At IGC, our role goes beyond supply. We are orchestrating a national strategy that ensures every molecule of gas fuels long-term value for our industries, our people, and our economy.' IGC's operating model brings together supply-demand forecasting, transparent allocation systems, and advanced digital tools like Oman's first spot gas auction platform. These innovations are strengthening gas availability for over 134 end-users across power, petrochemicals, metals, and manufacturing sectors—ensuring no opportunity is missed in turning gas into national gain. Through strategic projects like the Sohar–Ibri pipeline and its rigorous stakeholder engagement, IGC is fostering confidence in Oman's industrial capabilities. The pipeline alone will increase the gas network length by 4.5% and serve two high-potential industrial hubs, catalyzing new investments and jobs across value chains. In parallel, IGC's role in supporting clean energy transitions is gaining momentum. From transitional gas supply to green steel projects like Vulcan in Duqm to enabling gas-based low-carbon growth, IGC is ensuring that Oman's energy mix evolves without compromising reliability or resilience. As the exclusive gas shipper and national aggregator, IGC not only administers Oman's gas but defines its future. With every pipeline built, every contract executed, and every allocation optimized, IGC fuels the ambitions of a nation on the rise. About IGC: The Integrated Gas Company SAOC (IGC), established in 2022, is Oman's national gas aggregator, tasked with overseeing gas purchase, sales, allocation, and supply infrastructure development. Aligned with Oman Vision 2040, IGC works to deliver secure, sustainable, and strategically optimized gas solutions that empower industries, support innovation, and drive inclusive national growth.

Abu Dhabi's non-oil trade surges as diversification drive gains pace
Abu Dhabi's non-oil trade surges as diversification drive gains pace

Khaleej Times

time10 hours ago

  • Khaleej Times

Abu Dhabi's non-oil trade surges as diversification drive gains pace

Abu Dhabi is pressing ahead with its diversification agenda, as new trade data highlight a remarkable expansion in its non-oil sector. According to the Abu Dhabi Chamber of Commerce and Industry (ADCCI), the emirate issued 10.3 per cent more certificates of origin between June 2024 and June 2025, a clear sign of widening export activity and the growing competitiveness of local industries. Certificates of origin — official documents confirming the national origin of goods — are crucial for exporters, as they allow products to qualify for preferential tariffs and smooth access to international markets under bilateral and multilateral trade agreements. The strong momentum in certifications reflects Abu Dhabi's growing role in global commerce and the success of its strategies to empower the private sector. The Chamber said that chemicals, metals, and engineering industries were the most prominent beneficiaries, while small and medium-sized enterprises (SMEs) are increasingly making inroads into new markets, supported by specialised training, matchmaking initiatives, and digital export platforms. This surge in export activity coincides with an exceptional performance in overall non-oil foreign trade. During the first half of 2025, Abu Dhabi's non-oil trade reached Dh195.4 billion, up 34.7 per cent from Dh145 billion a year earlier. Non-oil exports jumped 64 per cent to Dh78.5 billion, re-exports grew 35 per cent to Dh36 billion, and imports rose 15 per cent to Dh80 billion. This trajectory stands in sharp contrast to global trade trends, with the World Trade Organisation (WTO) estimating world merchandise trade growth at just 1.75 per cent over the same period. Officials say the results reflect not only Abu Dhabi's robust infrastructure and logistics but also its ability to adapt quickly to shifts in global supply chains. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' said Shamis Al Dhaheri, second vice chairman of ADCCI. He added that the Chamber will continue to facilitate exports and expand international partnerships to enable SMEs and large firms alike to tap global markets efficiently. Analysts said the data indicate Abu Dhabi's diversification drive has gathered real momentum. 'Far from being overshadowed by oil, the emirate's non-oil trade is now one of the clearest signals that its economic transformation is on track, resilient and globally competitive,' they said. The dynamism in Abu Dhabi mirrors the wider UAE's trade boom. Across the federation, non-oil trade for the January–June 2025 period hit Dh1.7 trillion ($462.8 billion), almost double the value recorded five years ago. The UAE has set a target of reaching Dh4 trillion by 2031, though government leaders now expect this milestone to be achieved several years earlier if current momentum continues. Comprehensive Economic Partnership Agreements (Cepas) with India, Indonesia, Israel, Turkiye, Cambodia and Georgia have already boosted bilateral trade, while further deals are under negotiation. Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development, described the emirate's progress as evidence of 'long-term planning, decisive policy execution, and a commitment to enabling the free exchange of goods, services, and innovations.' He emphasised that Abu Dhabi is working to entrench its position as a global hub by streamlining trade procedures, enhancing customs systems, and investing heavily in digitalisation. Abu Dhabi Customs has been instrumental in this transformation. Director-general Rashed Lahej Al Mansoori noted that reforms and partnerships have accelerated clearance times and reduced trade bottlenecks, while digital inspection systems and integrated customs platforms are improving efficiency. Strategic assets such as Khalifa Port and the expanded cargo facilities at Abu Dhabi International Airport have reinforced the emirate's standing as a logistics and re-export hub serving the Middle East, Africa and Asia. Global headwinds have not slowed Abu Dhabi's trajectory. WTO data show that merchandise trade volumes grew just 1.2 per cent in 2023, with forecasts suggesting only modest recovery in 2025. Yet Abu Dhabi has managed to grow non-oil trade more than twenty times faster than the global average in the first half of this year. Analysts say this is strengthening the emirate's appeal as a safe harbour for investors seeking both stability and opportunity. The International Monetary Fund (IMF) forecasts that the UAE's non-oil sector will expand by more than 4 per cent in 2025, buoyed by manufacturing, investment inflows and tourism. Abu Dhabi's Industrial Strategy aims to more than double the size of its manufacturing base to Dh172 billion by 2031, further embedding industry and advanced technology into its economy.

Omani ports record double-digit growth in ship traffic and container handling
Omani ports record double-digit growth in ship traffic and container handling

Arabian Business

time15 hours ago

  • Arabian Business

Omani ports record double-digit growth in ship traffic and container handling

Container and cargo handling in the ports in the Sultanate of Oman grew 11.7 per cent during the first half of 2025. Ship traffic also increased significantly, up 11.1 per cent during the six months. Revealing the statistics, Muhanna bin Musa bin Baqer, Director General of Ports at the Ministry of Transport, Communications and Information Technology, said the country's efforts to improve the port infrastructure also played a key role in this process. Container handling at the ports of Salalah, Sohar and Duqm reached 2,427,195 TEUs compared to 2,173,508 TEUs in the first half of 2024, 'reflecting the efficiency of logistics operations and the ports' ability to handle the growing demand', Musa bin Baqer said. The total number of ships received by Omani ports and marine docks outside the ports reached 6,586 ships during H1 2025, compared to 5,930 ships during the same period last year. Several major ports contributed to this growth uptick, including Sultan Qaboos Port, Shinas, and Salalah. The Director-General of Ports indicated that the total volume of goods handled through Omani ports during the first half of 2025 amounted to 70,114,527 tons, compared to 66,620,847 tonnes last year, an increase of 5.2 per cent. Musa bin Baqer stated that the number of vehicles received by the ports reached 50,248, while the total number of livestock imported through the ports reached 2,694,293 heads, reflecting the diversity of economic activities served by the ports with high efficiency. The Ministry of Transport, Communications and Information Technology has awarded the consultancy services project for the design and supervision of the development of Khor Jarama, which will contribute to enhancing the site's readiness and optimal maritime utilisation. Consultancy services tender for the rehabilitation of Shannah and Masirah ports has also been awarded.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store