The completion of Oman’s huge Duqm refining complex is a strategic milestone not only for the small Middle East nation but also for China and Iran
in May, a major new gas pipeline being planned will run along a 2,000-kilometre corridor via Oman - and the UAE - through the Arabian Sea and into India. This will allow gas to be gathered in from Oman and the UAE themselves, and from Iran, Saudi Arabia, Qatar, and Turkmenistan.
This said, it was the US$8.5 billion 230,000-bpd Duqm refinery project – and ancillary projects – in which China first saw the best route to win favour in Oman, and thereby seek to establish control over key regional oil transport routes.
According to the plans, all of which will be ready within the next five or so years, in the light industrial zone there will be 12 projects, including the production of 1 gigawatt of solar power units, and of oil and gas tools, pipelines and drilling equipment. The mixed-use sector will focus on projects designed for the tourist trade, including the construction of a US$150 million hotel on a 10-hectare area, US$100 million to build a hospital, and US$15 million towards a school.
As it now stands, the Duqm refinery will soon function alongside the US$4.6 billion Liwa Plastics Project industrial complex, also near the Oman Oil Refineries and Petroleum Industries Company’s Sohar refinery in the Special Economic Zone at Duqm. The final part of Oman’s vision of building an Omani integrated refining and petrochemical business, is the 290-kilometer-long Muscat Sohar Product Pipeline for transporting refined products.
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