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Asharq Al-Awsat
Asharq Al-Awsat
Business
Muscat - Merza al-Khuwaldi

Joint Saudi-Omani-Kuwaiti Coalition to Develop Petrochemical Complex in Duqm

Oman KPI SABIC Asharq AlAwsat Muscat
Signing the agreement to develop the petrochemical complex in the Special Economic Zone at Duqm in the Omani-Saudi-Kuwaiti partnership (Oman News Agency)

A joint Saudi-Omani-Kuwaiti coalition was established on Wednesday in Muscat. The coalition seeks to develop a petrochemical complex that meets the growing market demand.

Oman’s OQ, Saudi’s SABIC, and the Kuwait Petroleum International (KPI) have signed a Project Development Agreement for a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), in the Sultanate of Oman.

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