(MENAFN) UK-based BP is planning to construct a petrochemical plant in Duqm, Oman, Times of Oman reported
BP is currently in talks with the Omani government for the USD1 billion planned investment
The British Ambassador to Oman said: "With this potential investment, BP intends to build the world's first acetic acid manufacturing plant using BP's new SaaBre process.
BP had recently invested USD10 billion for the development of the Khazzan tight gas project in north-central Oman
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