Indian engineering major bags key orders from Oman

Punj Llyod bags major projects being offered by the Oman Oil Refineries and the Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), owned by the Government of the Sultanate of Oman and the Oman Oil Company The Dollar Business Bureau

Punj Lloyd is the only Indian contractor in Oman to be awarded a sizable contract of the Liwa Plastic Industries Complex (LPIC)

  India-based engineering and construction major Punj Llyod, on Tuesday, announced winning Engineering, Procurement and Construction (EPC) orders worth Rs. 2,070 crore, related to the oil & gas sector. The projects are offered by Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), which are owned by the Government of the Sultanate of Oman and Oman Oil Company.  The contract includes construction of a 300 km Natural Gas Liquid (NGL) pipeline and a 301 km gas pipeline. The NGL piepleline, which is part of Orpic’s $6.4bn Liwa Plastic Industries Complex (LPIC), will travel from the New Fahud NGL Plant to the Steam Cracker Unit at Sohar in Oman.  Owing to increased gas demand and to ensure availability of supply, Punj Lloyd will be laying another gas pipeline parallel to the existing Fahud–Sohar pipeline for OGC. This pipeline, post completion, will fulfil the gas requirements of North Power station. Both the pipelines are expected to be completed in 38-35 months respectively. “Punj Lloyd is the only Indian contractor in Oman to be awarded a sizable contract of the LPIC mega complex. Our past experience of delivering strategic projects in Oman and our prowess in pipelines globally, both stood testament to our capabilities,” said Atul Jain, President and CEO, Pipeline & Tankage – Punj, in an official release.  His Excellency, Sultan bin Salim Al Habsi, Chairman, Orpic, stated, “LPIC will enhance the in-country value of products and will provide the necessary material to grow a downstream sector in the Sultanate, with a focus on the plastics industry. He expressed hope that the LPIC will enhance the contribution of the industrial sector towards domestic production to 9% by 2020 and will create more than 13,000 new employment opportunities for Omanis.  

February 16, 2016 | 05:10pm IST