Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

OMAN

Sohar Refinery Storage Tank Construction Project Under Way

The construction of storage tanks for the 116,000 b/d oil refinery being built at Sohar is under way. In May last year, the Sohar Refinery Company (SRC) owned jointly by the government of Oman (80%) and Oman Oil Company (20%) awarded an $880mn engineering, procurement and construction contract to Japans JGC, in partnership with Chiyoda (MEES, 26 May 2003). Last November JGC...