State-owned Oman Oil Refineries and Petroleum Industries (Orpic) will lay the foundation stone for the third part of natural gas liquids extraction station in Fahud in January. The project is part of $6.5b-Liwa Plastics Industries Complex, and will be implemented by the Korean GS Company and Japanese Mitsui Company at a cost of $688m, Muscat reported.
Orpic’s CEO, Musab bin Abdullah Al Mahrouqi, said that the company laid the foundation stone for phase I and II of complex in Sohar Industrial Port earlier in the year, according to Times of Oman. These portions comprised of the steam cracking unit at a cost of $2.8b, as well as a polypropylene and polyethylene production unit at a cost of $888m. The complex will be completed with a fourth part that includes a 300km pipeline to transport natural gas liquids from the Fahud station to Sohar Industrial Port at a cost of $112m, adding that the Indian Punj Lloyd Company has started implementing the pipeline.
Egypt Oil&Gas reported early October that Opic’s Liwa Plastics Industries Complex project had reached the detailed engineering phase. The company had noted that the overall project was on track, and the ground-breaking ceremony had been scheduled on October 10.