MUSCAT: OQ, the Sultanate’s global integrated energy group, announced on June 30th the successful loading of the first shipment of Liquefied Petroleum Gas (LPG) on board MT Searambler, which is bound for markets in the Indian sub-continent. The tanker is carrying 5000 MT of propane and 5,000 MT of butane.
Marking this important milestone, Eng. Ihsan al Jandal, Vice-President Salalah Operations, OQ Downstream said, “We are proud to announce this strategic achievement as one of the main growth projects in OQ which will reiterate the position of Oman as an energy exporter. This will enable the Sultanate to further optimize its gas value chain by recovering propane, butane and condensate for international markets. This comes in addition to other operational successes in line with best global practices in the petrochemicals industry.”
This project is the first of its kind to extract LPG and condensate from OQ’s gas network. OQ’s LPG plant currently produces propane and butane as well as condensate - a commercially valuable and economically competitive fuel with growing demand in domestic and the international markets.
Speaking on the occasion, Mark Hardiman, Port of Salalah CEO, stated, “We are happy to see the strong collaboration between the Port of Salalah team and the OQ team. I am confident that together we can deliver world class service and retain our position as one of the top players in the global marketplace.”
It is worth mentioning that the OQ Liquified Petroleum Gas (OQ LPG) facility consists of an extraction plant, a fractionation facility, storage tanks, shipping facilities, and an interconnection pipeline system. Built with a total investment of USD 826 million, OQ LPG is first of its kind gas treatment project in Oman to extract LPG and condensate from OQ’s Gas network.
Source: Oman News Agency