ZAWYA-PROJECTS: Kuwait, Oman to move ahead with Duqm petrochemicals complex: Report
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Kuwait Petroleum International and Oman’s OQ Group have signed an agreement to develop a petrochemicals complex at Duqm, with initial steps expected to begin in 2026. The project will be executed by OQ8, a joint venture between OQ and KPI, utilizing feedstock from the Duqm Refinery. The refinery's capacity has increased to 255,000 bpd, and organizational changes are anticipated in 2026. OQ8 is also working on a reformer unit to enhance gasoline production. Discussions for new partners are ongoing after SABIC's withdrawal from the project.
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