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Orpic to invest USD7b in 3 projects
(MENAFN) Oman Oil Refineries and Petroleum Industries Company (Orpic) announced its plan to invest USD7 billion to develop three major project, Times of Oman reported
The planned projects consist of Sohar Refinery Improvement Project, Muscat-Sohar Product Pipeline and Liwa Plastic Project
Orpic chief executive officer said that the project will transform it to a fully-fledged integrated refining and petrochemicals player
He said: "The combination of the three projects represents a growth strategy that revolves around increased integration within the manufacturing complex"
The planned projects consist of Sohar Refinery Improvement Project, Muscat-Sohar Product Pipeline and Liwa Plastic Project
Orpic chief executive officer said that the project will transform it to a fully-fledged integrated refining and petrochemicals player
He said: "The combination of the three projects represents a growth strategy that revolves around increased integration within the manufacturing complex"
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