Oman plans to more than double oil storage capacity at a port outside the Strait of Hormuz, seeking to take advantage of its strategic position as energy producers in the region look for workarounds to the highly contested waterway. State energy firm OQ SAOC is evaluating acquiring two supertankers and leasing them out for floating storage at the port of Duqm, Chief Executive Officer Ashraf Al Mamari said in an interview. It’s also planning to increase onshore crude-tank capacity to 10 million barrels within three years, from about 5 million currently.