MOSCOW (MRC) -- Oman Oil Refineries and Petroleum Industries Company SAOC (Orpic), the Sultanate’s refining and petrochemicals flagship, has launched the process of prequalifying contractors for the construction phase of its USD3.6 bln Liwa Plastics Project (LPP), as per Oman Daily Observer.
The giant scheme is proposed to be established adjacent to the ongoing Sohar Refinery Improvement Project (SRIP) under way at the industrial port of Sohar. It features, among other things, a nominal 900,000 tpa ethylene cracking plant, HDPE plant, LLDPE plant, new polypropylene plant, MTBE plant, butene-1 plant and associated utility and offsite facilities. Also envisioned as part of this project is a Natural Gas Liquids extraction facility, which will be set up at Fahud and linked to the Sohar plant via a roughly 300km pipeline. Liwa petrochemical plant will be integrated with Orpic’s existing Sohar refinery, aromatics complex and polypropylene plant to create a massive petrochemicals complex within the industrial port.
A "Request for Information" has been issued to a number of local and international engineering contractors inviting them to affirm their interest in bidding for the multibillion dollar Engineering-Procurement-Construction (EPC) package of the mammoth petrochemicals project. Interested parties have until June 29, 2014 to respond to the "Request for Information", it is learnt. The Liwa Plastics Project, along with an array of equally substantial investments planned by Orpic and Oman Oil Company in Sohar and Duqm, promise to position Oman as a world-class petrochemicals producer of the future.
As MRC wrote before, Orpic, the Sultanate’s refining and petrochemicals flagship, intended to invest around USD3.6 bln in the development of a massive petrochemicals scheme that will form the cornerstone of an ambitious downstream plastics-based industry in Oman. When completed by 2018, the Sohar Plastics Project together with the refinery improvement venture, will produce one of the most efficient integrated refinery and petrochemical complexes in the world.
ORPIC was created in 2011 from the integration of Oman Refineries and Petrochemicals Co, Aromatics Oman and Oman Polypropylene. ORPIC is owned by the Government of the Sultanate of Oman and Oman Oil Company SAOC, the trading company created by the Government of the Sultanate of Oman for managing investments in the energy sector.