{"id":6126,"date":"2025-11-07T16:19:00","date_gmt":"2025-11-07T12:19:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/al-baleed-petrochemical-oman-gas\/"},"modified":"2025-11-07T23:45:35","modified_gmt":"2025-11-07T19:45:35","slug":"al-baleed-petrochemical-oman-gas","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/al-baleed-petrochemical-oman-gas\/","title":{"rendered":"Al Baleed Petrochemical Secures New Gas Pact: What It Means for Oman&#8217;s Petrochemical Industry and Investors"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>MUSCAT, NOV 7<\/strong> \u2013 A petrochemicals park currently in the early stages of development in Salalah Free Zone, southern Oman, has secured a crucial natural gas supply commitment from the Omani government, facilitating the project&#8217;s swift progress.<\/p>\n<p>Al Baleed Petrochemical, supported by private Omani investors, announced on Thursday that it has signed a Natural Gas Sales Agreement (NGSA) with the Integrated Gas Company (IGC), the Sultanate\u2019s exclusive natural gas aggregator and supplier. This agreement, signed earlier this week under the patronage of Sultan bin Salim al Habsi, Minister of Finance, covers Al Baleed\u2019s gas needs for both fuel and feedstock. Eng Saeed al Shanfari, Managing Director of Al Baleed Petrochemical, represented the company during the signing.<\/p>\n<p>The envisioned petrochemicals park is designed as an integrated complex that will utilize the abundant methanol, ammonia, and LPG produced within Salalah Free Zone to manufacture a variety of high-demand chemical products.<\/p>\n<p>In a statement, Al Baleed Petrochemical emphasized, \u201cThis agreement underscores our commitment to supporting Oman\u2019s industrial and economic development, aligning with Oman Vision 2040\u2019s goals of energy security and sustainable growth.&quot; The company added that the agreement is &quot;a significant milestone in securing a sustainable and reliable gas supply for the industrial sector.&quot;<\/p>\n<p>This Gas Sales Agreement is part of a series of key achievements advancing the park\u2019s development. Earlier this year, the project engaged Japan-based Morimatsu, specialists in industrial process equipment design and manufacture, to handle the basic and detailed engineering design for the complex.<\/p>\n<p>The petrochemical park is planned as a hub of modularized processing units, including a pioneering Propane Dehydrogenation (PDH) plant that will use locally sourced LPG as feedstock. In December, Lummus USA, a leading licensor of proprietary process technologies, was contracted to conduct the Front-End Engineering Design (FEED) study for the project.<\/p>\n<p>Additionally, Italian technology licensor Conser was chosen to support the development of a unit to produce maleic anhydride, an essential intermediate in biodegradable plastic manufacturing. Conser, majority-owned by Italy-based sustainable solutions group MAIRE, will provide technology licensing, process design packages, and catalyst supply for a plant with an annual capacity of 50,000 tonnes.<\/p>\n<p>Phase 1 of the three-stage petrochemicals park will also include production facilities for Formic Acid (85%), Acetic Acid, and Hydrogen Peroxide (35% and 50%).<\/p>\n<p>More recently, Al Baleed Petrochemical disclosed ongoing negotiations with OQ Base Industries (OQBI), a subsidiary of OQ Group, regarding the long-term supply and security of vital feedstocks such as methanol, LPG, and ammonia from OQBI\u2019s integrated complex in Salalah Free Zone. OQBI operates three advanced plants with a combined capacity of 1.816 million tonnes per annum.<\/p>\n<p>Al Baleed Petrochemical aims to lessen Oman\u2019s dependence on imported industrial chemicals while boosting the country\u2019s export capabilities for high-value petrochemical products.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>The secured gas supply agreement for the Salalah Free Zone petrochemicals park represents a <strong>strategic leap toward industrial self-sufficiency and export diversification in Oman<\/strong>. Businesses should view this as an opportunity to tap into a burgeoning hub for advanced chemical production, while investors should focus on the <strong>long-term potential of integrated, sustainable industrial growth aligned with Oman Vision 2040<\/strong>. The park\u2019s innovative use of local feedstocks like LPG and methanol signals a <strong>shift towards value-added manufacturing, reducing import dependence and opening new high-value export avenues<\/strong>.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A petrochemicals park in Salalah Free Zone, Oman, has secured gas supply commitments from the government, enabling rapid development. Backed by private Omani interests, Al Baleed Petrochemical signed a Natural Gas Sales Agreement with Integrated Gas Company. The park will convert methanol, ammonia, and LPG into high-demand chemicals, supporting Oman Vision 2040 for energy security and growth. Phase 1 includes production of Formic Acid, Acetic Acid, and Hydrogen Peroxide, with technology partners from Japan, the USA, and Italy.<\/p>\n","protected":false},"author":5,"featured_media":6127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[2704,161,915],"class_list":["post-6126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-gas-supply","tag-oman","tag-petrochemicals"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/11\/3183459.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/6126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=6126"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/6126\/revisions"}],"predecessor-version":[{"id":6128,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/6126\/revisions\/6128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/6127"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=6126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=6126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=6126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}