Core Insights - OQ Group has initiated a front-end engineering design (FEED) tender for a natural gas liquids (NGL) extraction facility at Saih Nihayda, which will process up to 48 million cubic meters of natural gas per day [1][3] Group 1: Project Overview - The new facility will produce butane, propane, ethane, and C5+ condensates for the petrochemical and manufacturing industries in Oman and regional markets [2] - The project will integrate upstream extraction at Saih Nihayda with downstream infrastructure in the Special Economic Zone at Duqm (SEZAD), including a 230 km² pipeline and a fractionation complex [1][2] - The facility is designed to separate approximately one million tonnes per annum (mtpa) of gas components during its initial phase [4] Group 2: Strategic Importance - The project is fully owned by OQ and aims to enhance the value extracted from Oman's natural gas resources, supporting government economic diversification efforts [3] - OQ has signed a 20-year gas supply agreement with the Integrated Gas Company to secure long-term access to natural gas volumes necessary for operations [5] - The facility is expected to strengthen Oman's industrial base and reinforce SEZAD's role as an investment hub, contributing to economic growth and attracting strategic partnerships [6]
OQ issues FEED tender for Saih Nihayda NGL extraction plant in Oman
Yahoo Finance·2026-02-27 14:30