Dubai, Oman Refineries and Petroleum
Industries Company (Orpic) received the “Downstream Project of the
Year” award 2018 at the Oil and Gas, Refining and Petrochemicals
Middle East Awards (RPME) ceremony that was held in Dubai in the
United Arab Emirates (UAE).
Andres Suarez, General Manager of Orpic Logistics Company
(OLC) pointed out that winning this award reflects the importance of
the Muscat-Sohar Product Pipeline (MSPP) project and Al Jifnain
Terminal for the integration of the logistics system in the Sultanate.
He added that winning the award will motivate us to continue
our efforts to achieve the company’s vision namely to compete in the
world markets in the field of refineries and petrochemical industries
with Omani efficiencies.
This Muscat-Sohar Product Pipeline (MSPP) project and Al
Jifnain Terminal, into which USD 336 million have been invested,
involves important logistics infrastructure, which allows the
transportation of more than 70% of the country’s fuel through the
modern storage installation of Al Jifnain, as well as satisfying the future
domestic demand for fuel. This project also contributes to the
improvement of road safety and the reduction of pollution and traffic
congestion in Muscat.
In addition, the impact on the local economy has seen USD
149 million be spent on local purchases and contracts with small and
medium enterprises (SMEs) in the Sultanate. This figure represents
44% of the total cost of the project, in addition to about 170,000 cubic
meters of storage capacity, which will enhance the Sultanate’s storage
capacity of refined products by 70%.
Source: Oman News Agency