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Domestic Projects Under Construction
1)
Sohar Refinery Company LLC (SRC)
2)
Oman Polypropylene LLC(OPP)
3)
Sohar Aluminum Company (SAC)
4)
Aromatics
Oman LLC (AOL)
Sohar
Refinery Company LLC
(SRC)
Sohar Refinery Company is 20% owned by Oman Oil Company
and 80% by the Government of Oman represented by the
Ministry of Finance.
SRC is being set up in the Wilayat of Sohar as a grass-root
refinery,
which will receive mixed feedstock of Oman crude oil and
atmospheric residue from Oman Refinery Company.
Employing 600 people, the refinery will have a crude unit
with a capacity of 116,400
barrels per day and an RFCC unit with a capacity of 75,260
barrels per day. It will be operating in a maximum olefin
mode to maximize propylene production of approximately
340,000 metric tones per year. Initially, about 10% of
the refined products would be sold in the local market
with the remainder available for export.
The refinery will start early May 2006 and
commercial operation will commence in September 2006.
Oman
Polypropylene LLC
(OPP)
Oman Oil Company (60%), with LG International Corporation
(20%) and Gulf Investment Corporation (20%) has formed
Oman Polypropylene LLC.
OPP will construct, own and operate a Polypropylene Plant
at Sohar Industrial Area adjacent to the planned Sohar
Refinery Company, where feedstock and utilities are
supplied. The plant will employ 150 people directly and
another 50 people indirectly and have a capacity of
340,000 metric tons per annum of polypropylene. It will be
capable of producing a range of homo-polymers and random
co-polymers.
The EPC contract of the US$ 312 million project was
awarded to a consortium of GS E&C and LG International
Corp. in May 2004. Completion of this project is schedule
for September 2006.
Sohar
Aluminium Company
The Sohar Aluminum Smelter project will use the best
available technology to produce high grade aluminium
products.
Oman Oil Company (OOC) signed a Shareholders’ Agreement on
23rd February 2005 with the Abu Dhabi Water and
Electricity Authority (ADWEA) and the Alcan Inc. in the
development of a proposed 350,000-kilotonne per annum
aluminium smelter project and associated power plant in
Sohar. In June 2004, Alcan announced that it is committed
to a 20 percent stake in the Sohar Aluminium Company L.L.C.,
with OOC and ADWEA each owning a 40 percent share.
Under a technology transfer agreement, Alcan will provide
Sohar with a license and related technical services
necessary to implement Alcan’s AP35 Technology. ADWEA will
be providing technical services and management support for
the power plant.
The project achieved Financial Close on the 11th
of December 2005. Construction activity has already
started on site.
Aromatics Oman LLC (AOL)
Oman Oil Company (60%), with Oman Refinery Company (20%)
and LG International Corporation (20%) has formed
Aromatics Oman LLC.
Oman Oil Company S.A.O.C. (OOC) plans to construct a US$
956 million grass-root Aromatics Complex in the Sohar
Industrial Port Area.
The Complex will produce 800,000 mtpa of para-xylene and
210,000 mtpa of benzene using naphtha produced by the
Sohar Refinery Company L.L.C. (SRC). Para-xylene is a key
raw material in the production of polyester fibres and PET
plastic bottles. The second petrochemical produced on the
complex is benzene. Benzene is an industrial chemical used
to produce a wide range of plastics (polystyrene, nylon),
detergents and other chemicals.”
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