Orpic to lay foundation stone for natural gas liquids extraction station in Fahud as phase 3 work

17-Oct-16

Oman Oil Refineries and Petroleum Industries (Orpic) will lay the foundation stone for the natural gas liquids extraction station in Fahud in January, as per MENAFN - Muscat Daily. The project is part of the third phase of the US$6.5 bln Liwa Plastics Industries Complex. Eng Musab al Mahrouqi, CEO of Orpic, told ONA that the project, which will be implemented by GS Co of South Korea and the Japanese Mitsui Co at a cost of US$688 mln.

The company last week laid the foundation stone for phase one and two of the Liwa complex in Sohar Industrial Port. This contains the US$2.8 bln steam cracking unit and the US$888 mln polypropylene and polyethylene production unit. Phase four will comprise the 300km pipeline to transport natural gas liquids from the Fahud station to the Sohar Industrial Port. India's Punj Lloyd Co has started implementing the US$112 mln project.
Natural gas fluids that will be extracted from the Fahud station will form 60% of the raw material for the Liwa Plastics complex and the operationalisation of the station in 2020 will coincide with the start of operations of the other projects under the three other phases.