Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Oman’s plans to squeeze more out of its crude oil output will begin to pay off in 2018 when a refinery expansion, products pipeline and plastics project are all complete. However, costs for the latter keep rising.
Oman Oil Refineries and Petroleum Industries Company (Orpic) now expects to spend around $8bn on three projects centered around its refinery at Sohar, which will transform it from a conventional refiner into an integrated refining and petrochemicals company.
These are an expansion of crude distillation capacity at Sohar refinery from 116,000 b/d to 197,000 b/d, a 290km products pipeline network linking the Sohar and 106,000 b/d Mina al-Fahal refineries with strategic storage facilities, and the 1.1mn tons/year Liwa Plastics complex. (CONTINUED - 751 WORDS)
DATA INSIDE THIS ARTICLE
|table||Oman Downstream Plants/Projects|