Sohar Aluminium Company will proceed with its plan to double its present aluminium capacity of 370,000 tonnes per annum with an envisaged capital expenditure of $3 billion, if the government commits additional natural gas.
Addressing a visiting media delegation here yesterday, Henk Pauw, Chief Executive Officer of the company, said the Ministry of Oil and Gas will take a final decision before November this year on whether gas will be available for the proposed capacity expansion. "We are optimistic.
It is not up to us... but the government has to decide. We have presented a very strong case for creating jobs with downstream industries," he noted. "If we get natural gas, the expansion project will be completed within three years."
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