[Oman considers purchasing two oil tankers for floating oil storage; Gulf oil-producing countries look for alternative routes to Hormuz] September 29th, Oman plans to more than double the oil storage capacity of a port outside the Strait of Hormuz to take advantage of its strategic location. Energy-producing countries in the Middle East are currently looking for alternatives to bypass this highly sensitive waterway. Ashraf Al Mamari, chief executive of Oman's state-owned energy company OQ SAOC, said the company is evaluating the purchase of two supertankers and leasing them for use as offshore floating oil storage facilities in Duqm Port. The company also plans to increase onshore crude oil storage tank capacity from about 5 million barrels currently to 10 million barrels within three years. After the Strait of Hormuz was blocked, both Saudi Arabia and Kuwait said they were studying alternative oil pipeline options, but have not yet announced specific plans.