Middle East Economic Survey

VOL. XLVIII

No 9

28-February-2005

OMAN

OOC And Mubadala Plan Joint Methanol Plant In Salalah

Omans state-owned Oman Oil Company (OOC) and the Mubadala Development Company of Abu Dhabi signed an agreement on 22 February to jointly develop a methanol project in Omans Salalah Port Free Zone. The project currently envisages development, construction and operation of a 3,000 tons/day methanol plant using gas feedstock supplied by the Oman Gas Company. The partners hope to...