Rex Fuels Expo heads to Muscat as bitumen supply chain strains mount

6 hours ago
By AI, Created 00:57 UTC, Aug 30, 2026, AGP -

The 20th Rex Fuels Global Expo & Conference opens Aug. 31 in Muscat, Oman, as India’s fast-growing road network, tighter bitumen imports and West Asia supply disruptions put the industry’s logistics and sourcing challenges in focus. The event is set against rising demand, a widening supply gap and Oman’s expanding role as both a supplier and an infrastructure market.

Why it matters: - India’s road-building boom is increasing demand for bitumen, while regional disruptions have made supply more fragile. - The conference lands at a point when producers, traders, logistics firms and road contractors are all dealing with the same problem: how to keep material moving reliably. - Oman matters because it sits in a trade lane that connects Gulf supply with Indian demand.

What happened: - The 20th Edition of the Rex Fuels Global Expo & Conference is scheduled for 31 August 2026 at the Grand Millennium Muscat in Oman. - The event brings together the bitumen, fuels, refining, road construction and logistics sectors. - The timing comes as the industry weighs demand growth, freight uncertainty and shifting supply routes.

The details: - India’s National Highway network has expanded from 91,287 km in 2014 to 146,560 km, according to the Government of India. - Four-lane-and-above National Highways have more than doubled to 43,512 km over the same period. - Operational access-controlled expressways and high-speed corridors have reached 3,052 km. - India consumed about 8.74 million tonnes of bitumen in 2025, up from 8.43 million tonnes in 2024. - Union Minister Nitin Gadkari said in May 2026 that India needs about 12 million tonnes of bitumen a year, while domestic petroleum companies can produce around 5 million tonnes. - India’s bitumen imports fell to about 905,000 tonnes from January to June 2026, down about 50% from the same period in 2025, according to Indian customs data reported by Argus. - Second-quarter imports fell about 68% year on year. - More than 99% of India’s bitumen imports come from Iraq, the UAE, Iran, Oman and Bahrain. - World Bank trade data shows Oman exported 27.36 million kg of petroleum bitumen in 2023, and 24.57 million kg went to India. - India accounted for almost 90% of Oman’s petroleum bitumen exports that year. - Oman’s strategic road projects under Vision 2040 include the 135-km fourth stage of the Sultan Said bin Taimur Road and the roughly 71-km Sultan Faisal bin Turki Road. - Ongoing upgrades also include the Al Rusayl–Nizwa corridor and the Muscat Expressway. - A dual carriageway connecting Duqm Airport and Ras Markaz stretches more than 51 km and links the airport with oil storage facilities and industrial developments. - Two major road projects in the Special Economic Zone at Duqm total about 67 km and connect industrial, commercial, logistics and renewable-energy developments. - Oman awarded 74 government contracts worth RO734 million in the first seven months of 2026, with roads and transport among the sectors driving spending. - A RO157 million expansion of the Muscat Expressway was one of the major contracts awarded in that period. - More information, social updates, Facebook page, YouTube channel, X account

Between the lines: - The conference is not just about prices or contracts. It reflects a broader shift in bitumen from a commodity discussion to a supply-chain and infrastructure planning issue. - Oman is positioning itself as both a transit point and a growth market, which makes Muscat a practical location for industry discussions. - The combination of Indian demand, Gulf supply concentration and maritime risk leaves buyers and producers with less room for delay or disruption.

What's next: - Delegates in Muscat are expected to focus on demand visibility, supply security, freight conditions and route resilience. - The conference may also highlight how Gulf producers and Indian buyers adjust procurement and delivery strategies over the next five years. - Oman’s road and logistics buildout will likely remain a key backdrop for future industry meetings and trade decisions.

The bottom line: - Bitumen is no longer just a materials story. For India, Oman and the wider Gulf, it is now a supply-chain story tied directly to roads, freight and industrial growth.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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