JANUARY 22, 2024

OQ8 set to lift Oman’s total refining capacity

DUQM: The Duqm Refinery and Petrochemical Industries Company (OQ8), a joint venture between Oman’s OQ Group and Kuwait’s Kuwait Petroleum International (KPI), stands as a testament to the region's growing economic and industrial prowess.

Situated in the expansive Special Economic Zone at Duqm (SEZAD), OQ8 is not just a refinery; it's a beacon of regional collaboration and technological advancement in the GCC’s oil refining sector.

OQ8's projected refining capacity of 230,000 barrels per day represents a quantum leap in the Sultanate’s refinery industry, elevating Oman’s total refining capacity to over half a million barrels per day.

This milestone reflects OQ8's commitment to technological innovation. With state-of-the-art hydrocarbon crushing and coking units, the refinery sets itself apart by embracing cutting-edge technologies, ensuring optimal economic viability and efficiency all while upholding the highest standards for environmental sustainability across its operations.

OQ8 has evolved beyond its role as a traditional refinery to become a key driver actively shaping Duqm's economic narrative. Its advantageous position at the intersection of the Arabian Sea and the Indian Ocean places OQ8 at the heart of the regional and global oil and gas industry, with the potential to significantly contribute to the region's economic prosperity.

As it takes center stage in Duqm's economic revival, OQ8 emerges as a dynamic catalyst shaping regional collaboration, nurturing sustainable development, and illuminating the path for societies and communities.

OQ8's vision for environmental stewardship is equally resolute. Since its inception, OQ8 has strived to strike a harmonious balance between meeting daily demands for petroleum products and transitioning toward a low-carbon future, guided by a fundamental belief that environmental stewardship goes hand-in-hand with socio-economic progress.

This aligns with global initiatives such as the Paris Agreement and Oman's ambitious plan to achieve carbon neutrality by 2050.

By combining technological innovation with a deep commitment to environmental stewardship and community empowerment, OQ8 is setting new standards in the oil and gas sector. As OQ8 marches towards its commercial and environmental milestones, it stands as a shining example of how industrial development and sustainability can coexist harmoniously, paving the way for a brighter, more prosperous future.

Source: Oman Observer