Orpic lays the foundation of LPIC US$688mn EPC 3, which is the Natural Gas Liquids (NGL) Extraction Plant post the foundation of LPIC US$2.8bn EPC 1 Steam Cracker Unit and US$888mn EPC 2 Polypropylene and Polyethylene Units last year in Sohar.
The ground breaking event was held under the auspices of Sultan bin Salim al Habsi, secretary general of the Supreme Council for Planning and chairman of Orpic Board of Directors, in the presence of H E Sheikh Saif bin Hamiar bin Mohamed al Malik al Shehi, Governor of Dhahirah.
The celebration was attended by a number of walis and Shura and State Council members and local Sheikhs from both Dhahirah and Buraimi governorates along with a number of officials and community members from Ibri. Orpic CEO and top management as well as representatives from the contracting companies GS Engineering and Construction, and Mitsui & Co Ltd were also present.
Habsi said, “We are delighted to celebrate the ground breaking of the LPIC EPC 3 to build a state of the art Natural Gas Liquids (NGL) Extraction Plant. LPIC is a key project to develop the downstream industry in Oman in order to enhance the petrochemicals industry and keep pace with the growing demand for plastics in the sultanate and the region.”
Ahmed Saleh al Jahdhami, CEO, Orpic, said, “LPIC is the largest transformational project undertaken in Oman. which will contribute to the GDP of the sultanate by two per cent and support creating a wide-ranging downstream industry in the sultanate.
“Once commissioning in 2020, we are confident that LPIC will change Orpic’s product mix by extracting more value from natural gas and crude oil.
“This NGL Extraction Plant will be linked via a pipeline with the project main plants in Sohar as part of an integrated complex that houses also Sohar Refinery, Aromatics Plant and Polypropylene.
“Orpic’s operations then will be one of the most integrated refinery and petrochemical operations in the world and will enable the company to extract the maximum value from Oman’s oil and gas.”
As one of the biggest transformational projects in the sultanate, the US$6.4bn project is the largest of the three strategic growth projects undertaken by Orpic, namely Sohar Refinery Improvement Project (SRIP), Muscat-Sohar Pipeline (MSPP) and Al Jifnain Terminal to fulfil its vision of building an Omani integrated refining and petrochemical business.
This project will be the first-of-its-kind in the sultanate and will enable Oman to take the downstream plastics industry to the next level.