A contract for the construction of a major gas pipeline that will supply natural gas from central Oman to a new industrial and maritime hub under development at Duqm, is due to be awarded by the end of 2013.
Oman Gas Company (OGC), the state-owned entity that owns and operates the country’s gas transportation grid, is overseeing the implementation of the 240km pipeline, which will serve as a lifeline for industries and utilities envisioned at Duqm. Total investment in the pipeline project is estimated at $250 million, it is learnt.
OGC’s chief executive officer, Yousuf al Ojaili, said the 36-inch pipeline will supply gas from Saih Nihayda in central Oman to Duqm. “We will be awarding the contract for the supply of pipelines for the project in the first quarter of 2013. A number of international companies are bidding for this supply contract. Bids are under evaluation. However, an award for the actual construction of the pipeline is scheduled towards the end of 2013,” Al Ojaili stated.
No comments:
Post a Comment