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Duqm refinery to export oil to Europe
- Oman: Wednesday, October 10 - 2012 at 02:31
Yahya Said al Jabri, the chief executive of the Special Economic Zone at Duqm, Oman, has announced the Duqm refinery and petrochemical complex project, which is scheduled to be completed by the end of 2017, will see the majority of its exports to Europe, Muscat Daily has reported. "The capacity for the refinery will be 230,000 barrels of heavy crude oil per day, which will be mainly exported to Europe. The completion target for the project is by the fourth quarter of 2017," said al Jabri. The project is a 50-50 is a joint venture between Oman Oil Co and the UAE's International Petroleum Investment Co (IPIC).
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