Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

APICORP announces $100mn financing for Oman’s Duqm refinery

The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, recently announced a $100mn investment as part of a consortium of international and regional banks to finance the construction of Oman’s Duqm refinery.

Situated within the Duqm Special Economic Zone, the refinery is joint venture between Kuwait Petroleum International and Oman Oil Company. 

Once the refinery is completed, it will have the capacity to process around 230,000 b/d of crude oil. Its primary products will be diesel, jet fuel, naphtha and LPG.

News Item details


Journal title: Petroleum Review

Region: Middle East

Countries: Oman -

Subjects: Banking, finance and investment, Refining

Please login to save this item