OMAN DAILY Observer
Oman: Pedal to the metal
Edited by : AL CIRCLE
1 min read
With a recent milestone achieved in aluminium production, Oman is becoming an increasingly prominent player in the global metals industry.
The company is looking to secure additional natural gas supplies from the government to support efforts to expand its production facility. With an additional $3 billion in investment, it hopes to upgrade the 1,000-MW power plant that supplies energy to the smelter and to double capacity, bringing total production to 720,000 tonnes per year.
The expected growth of segments like steel and aluminium will also create employment opportunities for Omanis as the government presses on with its “Omanisation” policy, which requires that 35 per cent of employees in industrial firms be Omani.
The company is looking to secure additional natural gas supplies from the government to support efforts to expand its production facility. With an additional $3 billion in investment, it hopes to upgrade the 1,000-MW power plant that supplies energy to the smelter and to double capacity, bringing total production to 720,000 tonnes per year.
The expected growth of segments like steel and aluminium will also create employment opportunities for Omanis as the government presses on with its “Omanisation” policy, which requires that 35 per cent of employees in industrial firms be Omani.
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