Oman Gas plans $775m network investment
Plan will see firm boost daily network capacity
Oman Gas Company has announced plans to invest around US $775 million to boost its gas supply network for different industries and services, according to the Oman Tribune. The firm’s CEO, Yousef Bin Mohammed Al Ojaili, has said that the firm will increase its main pipeline length from 2,300km to 2,500km over the next two years.
The firm is currently preparing a gas supply tender for Al Duqm Economic Zone, which is scheduled to receive gas by 2016, and the awarding of gas pipes purchase tender will be floated in Q! 2013. Project construction will then be tendered by the end of 2013, with completion scheduled for 2016.
The capacity of the completed pipeline is set to be 25 million cubic metres per day.
Oman Gas is also reportedly undertaking a feasibility study which is focused on centralising its gas networks throughout the Sultanate for easier overall control. The gas network linkage project is expected to be finished by 2015.