Agreement signed for Salalah Refinery Project
The Salalah Free Zone (SFZ) has signed an agreement worth $2.5 billion for the construction of the Salalah refinery project, which will have the capacity of 150,000 barrels per day.
The CEO of Salalah Free Zone said that the SFZ has succeeded this year in attracting foreign investments that will contribute to supporting the national economy and creating direct employment opportunities for citizens.
The agreement was signed by Ali bin Mohammed Tabuk, CEO of Salalah Free Zone and by Kent J Kabi, CEO of Salalah Refinery.
Liquid cargo for the refinery will be handled through Oman’s Salalah Port.
Tabouk said between January and July 2019, 11 agreements had been signed for developments related to food, solar panels, gypsum boards, and import and export at Salalah Refinery.
Maritime Business World