Oq Base Industries (Sfz) Saog (Oman)

The Company's core business activity is the manufacturing of basic organic chemicals (petrochemical products) as well manufacturing of associated nitrogen products (including nitric and sulphonitric acids, ammonia,
ammonium chloride, ammonium carbonate, nitrites and nitrates of potassium)
The Company is the only integrated producer in Oman of methanol, ammonia and LPG Products, which comprise propane, butane, condensate and LPG (cooking gas)
The Company is active throughout the natural gas value chain, operating three advanced plants with a combined nameplate production capacity of 1,816 ktpa. Its plants are located in the SFZ in the south of Oman, near the Port of Salalah, Oman's largest port and a gateway to the MENA, European and Asian markets. The Company's plants process rich and lean natural gas feedstock that is supplied under long-term agreements with IGC through a natural gas transmission network operated by OQGN, a subsidiary of OQ. With the exception of a small portion of LPG sold domestically in the form of LPG (cooking gas), all of the Company's products are sold pursuant to long-term, arm's-length exclusive take-or-pay offtake agreements with OQ Trading for export to end markets, principally in Asia and the MENA region and, to a lesser extent, Europe and Africa
The company was initially established at February 27, 2006
The Company's strategy aims to drive sustainable growth and operational excellence by cultivating a people focused culture, executing energy-efficient decarbonisation initiatives and fostering domestic growth. The Company intends to maximise value by maintaining high operating standards, with a focus on energy intensity reduction , The Company is dedicated to implementing a robust ESG strategy that prioritises health and safety, decarbonisation and sustainability initiatives
The Company produces methanol, ammonia and LPG Products. The production chain for its products begins with rich natural gas that the Company receives from IGC and uses as feedstock. The rich natural gas is
transported via a natural gas transportation network operated by OQGN to the LPG plant, where it is processed into (i) propane, butane and condensate for export and (ii) LPG (being a mixture of predominantly propane and butane) for sale in the domestic market.
The lean natural gas that remains after the LPG Products are extracted is fed back into OQGN's natural gas transportation network and transported to users of lean natural gas in Oman, including the methanol plant.
The methanol plant processes the lean natural gas into methanol for export, and the excess hydrogen that results from this process is transported via the Company's pipeline network to the ammonia plant, where it is used to produce ammonia for export.
The Company's products are stored in its storage tanks at Salalah until they are transported via its pipeline network to the Port of Salalah for lifting onto vessels for export, or to the loading station at its LPG plant for
lifting onto trucks for domestic sales of LPG (cooking gas).