Tag: Oman
Oman Starts Power Plant as Part of New Energy Development
Oman recently began operating a Wärtsilä-built power plant in the northern part of the country, part of more than $ 1 billion in power and energy projects being developed in the Arab nation. The Musandam Independent Power Project (IPP) is a 120-MW natural gas-fired plant (Figure 1) that can use light fuel oil as a secondary fuel. It is the first plant to be inaugurated as part of the Musandam Power Company (MPC), a consortium of Oman Oil Company (OOC)—which holds 70% of MPC shares—and LG International Corporation, a South Korean energy supplier and developer. The MPC was created to encourage energy-related development in Oman through both foreign and domestic investment.
Salim Al Hashmi, project director for MPC, at a mid-November ceremony officially opening the IPP said “This plant is a central part of the major integrated development of the Musandam Governorate. The project will play a significant role in meeting the power needs of the region’s current and upcoming industries, while at the same time benefiting the local community.”…