Oman’s Orpic Evaluating Bids For Liwa Plastics, Eyes $4bn Finance Package

Oman’s state refinery and petrochemicals firm Orpic says it has received a positive response to its tender for four engineering, procurement and construction (EPC) contracts comprising the Liwa Plastics project, which will be built at Sohar for start-up in 2018.

The plant will process 36,000 b/d of light ends from Orpic’s Sohar refinery – which is currently being expanded from 116,000 b/d to 197,000 b/d crude throughput capacity – and 24,000 b/d of NGLs from the Fahud field, to give polyethylene, polypropylene, MTBE and butane-1.

The Liwa project packages are: an 800,000 tons/year steam cracker, providing ethylene feedstock for the polymers and MTBE units; a polymers complex with LLDPE, HDPE and PP units; an NGL extraction unit, which will be built at Fahud; and a 300km NGL pipeline from Fahud to the Liwa complex. (CONTINUED - 601 WORDS)