Oman Refining Co. to expand capacity

June 22, 2005
Oman Refining Co. LLC plans a $320-million project to expand capacity of its refinery at Mina Al Fahal to 106,000 b/d from 85,000 b/d, the Times of Oman reported June 15.

By OGJ editors
HOUSTON, June 22 -- Oman Refining Co. LLC (ORC) plans a $320-million project to expand capacity of its refinery at Mina Al Fahal to 106,000 b/d from 85,000 b/d, the Times of Oman reported June 15.

ORC signed a syndicated-term loan facility agreement for $140 million to partially finance the project. ORC said it hoped to complete the expansion by yearend 2006 or early 2007.

ORC also plans to lay a 266-km crude oil pipeline from Mina Al Fahal to Sohar to provide feedstock for the 116,000-b/d Sohar Refinery under construction and due on stream next year.