Middle East Economic Survey
VOL. XLVII
No 28
12-July-2004
OMAN/UAE
OOC/ADWEA Sign MOU With Alcan For Sohar Aluminum Project
Oman Oil Company (OOC) and Abu Dhabi Water and Electricity Authority (ADWEA) on 2 July signed a memorandum of understanding (MOU) with Canadas Alcan for the joint development of a proposed 300,000 tons/year capacity aluminum smelter in the Sohar industrial area. OOC and ADWEA will each own 40% of the venture, with Alcan holding 20%. An Alcan statement said that the project...
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