Oman government to provide gas to Shadeed in Sohar

摘要

The Sultanate of Oman signed in 4/7/2005 an agreement with Shadeed steel company to provide gas for a factory that it is setting up at Sohar industrial port. Dr. Mohammed bin Hamad Al Romhi, oil and gas minister, signed the agreement on behalf of the Sultanate's government, while All bin Hamil Al Ghaith, Chairman of Shadeed steel company, signed for his side. The Shadeed steel company would establish a steel factory whose first phase costs 350 million dollars. The factory's production capacity is 720,000 tonnes of moulds a year. He added two American and German companies would transfer technology and provide the project with equipment. The project is the first of its kind in the world, he said.