FINANCIAL NEWS

Oman- Fuel imports up due to refinery shutdown

16 May 2013

(MENAFN) Oman Oil Refineries and Petroleum Industries Company (ORPIC) announced that the country started importing fuels at the beginning of this year, reported Reuters.

This situation occurred due to shutting down Oman largest oil refinery for 2 months.

The country was forced to import fuel and export the oil that it couldn’t refine.

It’s worth mentioning that a new refinery will be added during the coming years that should lower oil imports.

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