WELL-ESTABLISHED INDUSTRIAL

Oman 2018 | ENERGY | COLUMN

TBY talks to Ahmed Saleh Al-Jahdhami CEO, Oman Oil Refineries and Petroleum Industries Company (Orpic), on the sector.

Ahmed Saleh Al-Jahdhami

How is progress going on the USD6.4 billion Liwa Plastics Industries Complex (LPIC) and what impact will it have on the Omani economy?

Once it is commissioned in 2020, the LPIC will transform Orpic's product mix and business model, double company profits, create new business opportunities, generate significant employment opportunities, and support the development of a downstream plastics industry in Oman. With the global market for plastics growing, LPIC will firmly reinforce Orpic as a recognized player in the international petrochemicals marketplace, enabling Oman for the first time to produce polyethylene, the form of plastic that rates highest in terms of global demand and increased the current production of polypropylene.

How will LPIC be integrated into the company's refining and pipeline projects in Sohar?

The petrochemical plant will be integrated with the adjacent Sohar refinery, SRIP, and aromatics plants. It will have access to well-established industrial infrastructure and contribute to the optimization of the refinery and petrochemical flows. LPIC includes a Steam Cracker and its associated downstream units and will utilize the existing refinery light ends and the C2+ from Oman's Natural Gas in order to produce an additional ~1.2 million metric tons of polymers annually.