Muscat: Oman Oil Refineries and Petroleum Industries Company (ORPIC) and Spanish company Compania Logistica de Hidrocarburos CLH, have officially launched the Orpic Logistics Company (OLC), a joint venture between the two parties.

According to Oman News Agency, ONA, the agreement was signed by Mohammad Bin Hamed Al Rumhy, Minister of Oil and Gas and Chairman of ORPIC, and Jose Luis Lopez de Silanes, Chairman of CLH. OLC has been established first and foremost to construct the Muscat-Sohar Product Pipeline (MSPP), and consists of three key elements; a 280 kilometre multiproduct pipeline between Orpic’s Mina Al Fahal Refinery and its Sohar Complex; a terminal in Jifnain, in Muscat Governorate and a direct pipeline link from Jifnain to Muscat International Airport. MSPP is one of three major projects, the others being the Sohar Refinery Improvement Project and the Liwa Plastics Project, which Orpic is engaged in over the next four years.