Business

Investors sought for LPG cylinders filling station in Masirah

 

Muscat: The Ministry of Commerce, Industry and Investment Promotion (MOCIIP)  has announced an opportunity for companies and institutions to obtain a license to establish and operate a Liquefied Petroleum Gas (LPG) filling station (cylinders) in the Wilayat of Masirah.

The application requirements include a Commercial Registration with %100 Omani ownership, a comprehensive feasibility study must be submitted, including financial and technical feasibility of the project, estimated market demand, expected impact of the project on the local market and operational plan and investment cost.

A title deed, lease agreement, or proof of usufruct rights for the proposed site must be submitted. The site must be designated for industrial use and have a minimum area of 4,000 square metres and must need an approval from the Civil Defence.

Applications must be submitted electronically through the Oman Business Platform via the Industrial Licence Application service, ensuring that all required conditions and supporting documents are fulfilled.

The fees are RO50 Fees (non-refundable) application assessment fee besides applicable administrative fees.

The application period between November 1 and 15.