Thursday 19 July 2018

Muscat-Sohar pipeline investments hit $320m

MUSCAT, August 9, 2017

The total investment on the Muscat-Sohar Product Pipeline (MSPP) project has reached $320 million since inception in 2015, including $230 million worth of in-country value (ICV), a report said.

Al Jifnain Terminal is expected to cater to more than 50 per cent of Oman’s fuel demand besides reducing truck movement within Muscat Governorate by 70 per cent, reported the Oman Observer.

The pipeline network is split into three sections — 40 km between Mina Al Fahal and Al Jifnain Terminal, 30 km between Al Jifnain Terminal and Muscat International Airport and 220 km between Sohar and Al Jifnain Terminal, the report said.

Tags: Muscat | pipeline |

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