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Canada Business Holdings proceeding with ULSFO refinery in Oman

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Hydrocarbon Engineering,

The chairman and CEO of Canada Business Holdings has confirmed that the company plans to go ahead with the ultra-low sulfur fuel oil (ULSFO) refinery in the Sultanate of Oman.

Moses Solemon stressed that the refinery plans are on time and going well: “We are proud of the level of business cooperation that the Omani authorities are showing. We are overwhelmed by the keen interest and effort levels on their side.”

Canada Business Holdings Inc. secured licence to produce refined products in the Special Economic Zone in Duqm in Oman on 30 June 2020. The refinery capacity is 300 000 bpd.

The focus of the processing technology of the CBH Inc. refinery is the “bottom of the barrel” refining. CBH Inc was able to successfully integrate the Canadian technologies to produce high-quality fuel oil with near zero sulfur content and producing near zero nitrogen oxides. The green technology is one of a kind in the world of petroleum refining.

Solemon stated: “Although we are not a typical refining company by default, we have gathered the best world class team to make it happen. This refinery is a game changer in terms of business and in the end-product”.

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Downstream news Oil refinery news Middle East downstream news