Oman state refiner Orpic has concluded $3.8bn in project finance for its $6.5bn Liwa Plastics project to be built at Sohar, while Oman Power and Water Procurement Company (OPWP) has tied up over $300mn in financing for desalination plants at Barka and Sohar on Oman’s northern coast (see p16).

Orpic CEO Musab al-Mahruqi flagged up Liwa as Oman’s largest ever project finance. (CONTINUED - 713 WORDS)