Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

REGIONAL

OOC And IPIC Sign Refining/Petchem Cooperation Agreement

State-owned companies Oman Oil Company (OOC) and Abu Dhabis International Petroleum Investment Company (IPIC) signed a cooperation agreement on 20 April for the building of refineries and petrochemical plants, Omans state news agency reported. The projects will be in Oman, MEES learns, which fits in with IPICs geographical diversification strategy and focus on an integrated...