MUSCAT : The company refined a record 93 million barrels of crude oil during the year, the highest volume in its history. In December 2025, it also achieved its highest monthly processing rate, reaching 8.37 million barrels, reflecting high operational efficiency and the reliability of its refining units.
In the petrochemicals sector, annual production from the polypropylene units reached approximately 317,000 metric tonnes, the highest level since operations began. December 2025 also recorded the best monthly production performance for these units. Meanwhile, production at the OQ Polymer Complex exceeded one million tonnes during the year, surpassing the planned target of 870,000 tonnes. This was attributed to the early completion of scheduled maintenance, improved asset management efficiency, and enhanced production unit readiness.
The strong performance underscores the strategic role of OQ Refineries and Petroleum Industries within the integrated OQ system, serving as a critical link between energy production and downstream industries. Beyond oil refining, the company converts its outputs into petrochemical products used in packaging, construction, and consumer goods, enhancing the value of each barrel and supporting the transition from crude exports to higher value-added manufacturing.
This approach contributes to expanding Oman’s local manufacturing base by providing stable and competitive industrial inputs, attracting new investments, supporting small and medium enterprises, and increasing local added value in line with the objectives of Oman Vision 2040.
On the commercial front, OQ strengthened its presence in global markets in 2025 by exporting its products to more than 80 countries and building a network of over 3,000 business partners across the energy, trade, and manufacturing sectors. This reflects international confidence in the quality of the company’s products and its operational reliability, while enhancing the competitiveness of Omani exports and supporting returns to the national economy.
In a significant financial milestone, OQ Refineries and Petrochemicals reported its first profit since commencing operations, marking a turning point in its journey toward financial sustainability and reinforcing the success of its strategy to maximise the value of natural resources.
Commenting on the results, Kamil bin Bakheet Al Shanfari, Chief Executive Officer of OQ Refineries and Petroleum Industries, said the performance reflects the company’s commitment to executing operational plans and improving asset efficiency. He noted that a focus on enhancing operational reliability and proactive maintenance during 2025 enabled the company to achieve record production levels and exceed operational targets, strengthening its competitiveness and contribution to Oman’s energy and downstream sectors.
Al Shanfari added that the company produces a wide range of strategic products for local, regional, and international markets, including fuels of various specifications, liquefied petroleum gas, naphtha, jet fuel, diesel, fuel oils, and petrochemical products – most notably polypropylene used in packaging, piping, medical, and consumer goods industries – enhancing Oman’s presence in global supply chains.
He further highlighted initiatives aimed at enabling downstream investment, particularly the Plastics Programme for Plastic Industries, which seeks to attract investors to establish manufacturing facilities based on OQ’s products. The initiative supports the development of a deeper industrial base, promotes self-sufficiency, creates higher value-added export opportunities, and generates sustainable employment within the industrial sector.
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