Oman’s $9bn refinery could benefit as Red Sea disruption affects global competition

A refinery on Oman’s eastern coast, which required $9 billion investment to build, has been resilient against recent disruption in the Red Sea and may even benefit from the situation as global competition is affected.

Read More: https://www.thenationalnews.com/business/energy/2024/02/29/omans-9bn-refinery-could-benefit-as-red-sea-disruption-affects-global-competition/#:~:text=Duqm%20refinery%20may%20increase%20capacity,of%20new%20products%2C%20CEO%20says&text=A%20refinery%20on%20Oman%27s%20eastern,as%20global%20competition%20is%20affected.