Middle East Business: OQ ammonia plant starts production in Dhofar, exports first shipment – Gulf Digital News

  • Date: 05-Sep-2022
  • Source: Gulf Digital News
  • Sector:Industrial
  • Country:Oman
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Middle East Business: OQ ammonia plant starts production in Dhofar, exports first shipment – Gulf Digital News

OQ, the global integrated energy group, announced the start of production of the ammonia project in the Governorate of Dhofar in Oman, according to a report by Oman News agency (ONA).

This ammonia plant is one of the key strategic projects fully owned by OQ with an investment of $463 million and has a designed capacity of 1,000 metric tonnes per day (MTPD) of ammonia.

OQ Trading, the Group’s trading arm also announced the export of the first shipment of the liquid ammonia from the plant through Salalah Port.

Commenting on the announcement, Hilal Ali Al Kharusi, CEO of the Commercial and Downstream Unit at OQ, said: "the ammonia project comes within OQ’s efforts to enhance the added value of natural resources and support the Omani government's economic diversification plans. The plant will export its products to targeted global markets, especially in Asia, further contributing to the enhancement of the Omani exports”.

"The start of production operations in the plant is a key milestone that enhances the contribution of OQ Group. The demand for ammonia products in the global markets is witnessing constant growth leading to higher returns. This situation renders the project highly feasible” he added.

“This plant is fully integrated with the existing