The Salalah Free Zone (SFZ) last week signed a “usufruct” deal to construct a 150,000 b/d refinery in Oman’s southern city of Salalah. The agreement for the $2.5bn (OM 962mn) refinery was signed between Salalah Free Zone and the CEO of Salalah Refinery, and notably doesn’t yet include any party with downstream experience. There had been no prior indication that Oman was pursuing a refinery project in the country’s third city. Usufruct is a legal term implying a...
Oman Plans 150,000 B/D Refinery At Salalah
Published on Fri, 26 Jul 2019 - Volume: 62 Issue: 30Print
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!