Oman: Oman Oil Company invests in Duqm
Issue 946
- 10 May 2013
| 1 minute read
State-owned Oman Oil Company (OOC) and its subsidiaries are planning to invest $15bn in Duqm, according to chief executive Ahmed Al-Wohaibi. “Our next focus is Duqm. We will be one of the anchor investors in Duqm,” he told a seminar on 30 April. According to the Times of Oman, OOC has a 50% stake in the proposed 230,000 b/d Duqm refinery.
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