Purple patch for Muscat’s chemicals ambition
The commissioning of Oman’s largest petrochemicals plant has coincided with Saudi Arabia’s potential rescue of an even bigger one
December may go down as a seminal moment in Oman’s long-held ambitions to create a world-scale petrochemicals industry. The government’s flagship $7bn Liwa Plastics Industries Complex (LPIC) was belatedly inaugurated by state-owned OQ at the northern industrial city of Sohar—the sultanate’s traditional downstream centre—more than doubling national polymer capacity. Potentially more importantly, and certainly more unexpected, Saudi Arabian petchems behemoth Sabic formally agreed to consider taking over the role of foreign partner on a faltering project to integrate an even larger petrochemicals facility with the greenfield refinery under construction at Duqm, a fledgling economic hub on Oman’
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal






