Abu Dhabi group says Oman project will include carbon-capture facility
UAE conglomerate Ghantoot Group is planning to invest in a $700m fertiliser plant in the port of Duqm in central Oman.
The project includes a bio-fertiliser facility with captive-power and carbon-capture technology that can contribute to the agriculture sector and enhanced oil recovery (EOR) in the energy sector, the company says.
Ghantoots investment also includes a 45,000 cubic-metre-a-day (cm/d) seawater reverse osmosis (SWRO) plant to supply potable and process water.
The company is planning to invest $1bn in Oman over a three-year period on projects that will directly create 300 jobs.
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