Surging domestic gasoline and diesel demand have left Oman dependent on imports to make up for a shortfall in domestic supplies. But plans to upgrade the Sohar refinery should make the sultanate self-sufficient by 2016 and hike petrochemicals output.
Oman’s consumption of transport fuels almost doubled between 2006 and 2012, Oman Oil Refineries and Petroleum Industries Company (ORPIC) CEO Musab al-Mahruqi revealed earlier this month, leaving the country unable to meet the demand through its existing refining capacity - namely the 116,000 b/d Sohar refinery and the 106,000 b/d Mina al-Fahal plant in Muscat. (CONTINUED - 640 WORDS)