Construction agreement signed for Oman's $2.5bn Salalah Refinery

Concession agreement signed for 150,000 bpd Omani megaproject that will create 600 jobs in the country

Salalah Refinery will produce 150,000 bpd.
Salalah Refinery will produce 150,000 bpd.

Oman’s Salalah Free Zone Company (SFZCO) is investing $2.5bn (OMR962.5m) in Salalah Refinery, a 150,000 barrels per day (bpd) project that will create more than 600 jobs in Oman, it was announced by the developer following the signing of a concession agreement to construct the project. 

The agreement was signed by Ali bin Mohammed Tabuk, chief executive officer of SFZCO, and Kent J Kabi, CEO of Salalah Refinery.

According to a report by state news agency, ONA, Salalah Refinery will provide business opportunities to the sultanate’s support services sector.

Liquid cargo for the refinery will be handled through Oman’s Salalah Port.

Tabouk said between January and July 2019, 11 agreements had been signed for developments related to food, solar panels, gypsum boards, and import and export at Salalah Refinery. 

Tabouk said Salalah Refinery was the largest project of its kind in the Salalah Free Zone in terms of investment, production capacity, and employment opportunities. 

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