Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

OMAN

OOC And IPIC Sign MOU To Study Duqm Refinery, Petrochemical Complex

Oman Oil Company (OOC) and Abu Dhabis International Petroleum Investment Company (IPIC) announced on 7 October that they have signed a memorandum of understanding (MOU) to study development of the planned refinery and petrochemicals project at Duqm. The Omani government had said last year that it hoped to find a partner in order to help it secure sufficient imported crude...