Orpic lays foundation stone for $688m NGL station
The extraction station is located in Fahud, and is the third part of Liwa Plastics Industries Complex, with the first and second parts located in Sohar Industrial Port
Oman Oil Refineries and Petroleum Industries Company (Orpic) has laid the foundation stone for its $688m natural gas liquids (NGL) extraction station in Fahud.
The extraction station is the third part of Liwa Plastics Industries Complex, with the first and second parts located in Sohar Industrial Port. They contain a steam cracking unit, which has a value of $2.8bn, and a polypropylene and polyethylene production unit, worth $888m.
The laying of the foundation stone was held under the auspices of Sultan bin Salem al-Habsi, secretary general of the Supreme Council for Planning and chairman of Orpic, and in the presence of the governor of A'Dhahriah, Sheikh Seif bin Hemyar Al Malik al-Shihi, Oman News Agency (ONA) reported.
According to al-Habsi, the Liwa Plastics Industries Complex is vital to meeting the development needs of the sultanate. He added that it will also enhance the petrochemical industries in the country, as well as create opportunities for more plastic-based manufacturing industries.
Orpic reported in early April that NGL extracted from the Fahud station will comprise 60% of the raw material for Liwa Plastics Industries Complex.