OQRPI’s Landmark Year in 2025: Key Insights for Investors and Entrepreneurs in Oman
MUSCAT: OQ Refineries and Petroleum Industries (OQRPI), a subsidiary of OQ, has reported exceptional operational achievements in 2025, setting numerous records in crude oil refining, processing rates, and petrochemical production. This marks a significant milestone in the company’s industrial journey.
OQRPI achieved its highest-ever crude oil refining volume, reaching 93 million barrels. In December 2025, the company set a record monthly processing rate of 8.37 million barrels, showcasing the efficiency and reliability of its refining operations.
In the sector of petrochemicals, the annual production of polypropylene soared to approximately 317,000 metric tonnes, the highest output since the plant’s commissioning. December also marked the strongest monthly performance, with production at the OQ Polymer Complex exceeding one million tonnes, significantly surpassing the planned target of 870,000 tonnes. This success was attributed to the early completion of scheduled maintenance, enhanced asset management, and improved operational readiness.
These results underscore the crucial role of OQRPI within the integrated OQ ecosystem, serving as a vital link between upstream energy production and downstream industries. In addition to refining crude oil, the company transforms its outputs into petrochemical products that serve industries such as packaging, construction, and consumer goods. This strategy maximizes the value of each barrel and facilitates the transition from crude exports to higher-value manufacturing.
The initiative bolsters the local manufacturing sector by providing stable and competitive industrial inputs, attracting new investments, supporting small and medium-sized enterprises, and enhancing local value creation in alignment with Oman Vision 2040.
Commercially, OQ has successfully expanded its global presence, exporting products to over 80 countries and forging partnerships with more than 3,000 businesses across energy, trading, and manufacturing sectors. This reflects growing international confidence in product quality and operational reliability, enhancing the competitiveness of Omani exports and boosting foreign revenue inflows into the national economy.
In 2025, OQRPI recorded its first-ever profit, indicative of strong financial performance and asset efficiency, as well as the success of its strategy to maximize value from natural resources. This achievement signifies a qualitative shift in the company’s business model and reinforces its support for downstream industries, marking a pivotal moment in its journey toward long-term financial sustainability.
CEO Kamil bin Bakheet al Shanfari remarked that these results reflect the company’s commitment to executing operational plans and improving asset efficiency. He noted that in 2025, OQ concentrated on enhancing operational reliability and proactive maintenance, which enabled record production levels and surpassed targets, thereby strengthening its contribution to Oman’s energy and downstream sectors.
Furthermore, Al Shanfari emphasized that the company produces a diverse array of strategic products for local, regional, and global markets, including fuels, LPG, naphtha, jet fuel, diesel, fuel oils, and various petrochemicals, particularly polypropylene, which is utilized in the packaging, piping, medical, and consumer goods industries. This enhances Oman’s role in global supply chains and improves export competitiveness.
He concluded by highlighting ongoing initiatives aimed at fostering downstream investment, such as the Plastics Programme, which seeks to attract investors to establish manufacturing facilities using OQ products. This effort supports industrial depth, self-sufficiency, higher-value exports, job creation, and sustainable industrial growth. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
OQ Refineries and Petroleum Industries’ record operational performance signals a transformational shift for businesses in Oman, enhancing local manufacturing and export competitiveness. The significant increase in petrochemical production creates new opportunities for investors in downstream sectors, particularly through initiatives like the Plastics Programme, aimed at attracting manufacturing investment. Entrepreneurs should leverage this increased operational efficiency and expanding global footprint to align with Oman Vision 2040, ensuring they capitalize on the evolving landscape of high-value manufacturing.
