Oil & Gas
Orpic’s Muscat-Sohar pipeline to open on March 21
Oman Oil Refineries and Petroleum Industries Company (Orpic) will officially inaugurate one of its strategic growth projects, the Muscat Suhar Product Pipeline (MSPP) and the main fuel terminal in Al Jefnain on March 21, 2018.
The $336 million investment is an important logistic project across the Sultanate which will deliver more than 50 per cent of Oman’s fuel via the state-of-the-art storage facility in Al Jefnain.
In addition to meeting the domestic future demand for fuels, this project will reduce pollution resulting from lower truck movements in Muscat by 70 per cent.
This is the first of its kind to be constructed in Oman — removing the need for Orpic to ship refined products between Suhar and Mina Al Fahal (Muscat), and bringing a new level of efficiency and lower costs to its business. It is worth to mention that the project will also be equipped with loading facilities designed to load up to 700 trucks per day.
Continue Reading
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
News2 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
Investment4 weeks agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
Economy2 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
News2 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets

You must be logged in to post a comment Login