Oman’s ORPIC reiterates firm interest to partner in Hambantota oil refinery project

Thursday, 9 May 2019 00:21 -     - {{hitsCtrl.values.hits}}

A Sri Lankan ministerial delegation recently held discussions with Oman’s Oil Refineries & Petroleum Industries Company (ORPIC), the integrated Oil & Petrochemical Company on the proposed oil refinery to be established in Hambantota.

Ministers Malik Samarawickrama, Kabir Hashim, and Rishad Bathiudeen, and Board of Investment Chairman Mangala Yapa had productive discussions with Oman’s Minister of Oil and Gas Dr. Mohammed Hamed Al Ruhmy, the Officials of the Oman Oil Company, & ORPIC, during their recent visit to the Sultanate. The Chairman and Senior officials of Silver Park International, Singapore also participated in the discussions.

The discussions focused on the possible modalities of strategic partnership of ORPIC in the proposed Greenfield Oil Refinery to be established in Hambantota, both as an investor and as a strategic partner together with Silver Park International, and possible expansion into petrochemicals.

ORPIC is currently in the final stages of construction & commissioning of a state-of-the art petrochemical complex in Sohar, Oman and the visiting delegation had an opportunity to take part in a familiarisation visit to the complex.

The Minister of Oil & Gas and ORPIC reiterated their firm interest to partner in this project and proposed to establish a Joint Task Force to finalise details expeditiously.