Oman to spend $300m on upping Sohar capacity

Oman's finance ministry has said the country will spend $300m on increasing capacity at its Sohar refinery in the northeast of the country, Reuters has reported. "We see the upgrade completion taking place some time in 2013," a financial ministry official, who asked not to be named, told the news service. The Sultanate's largest refinery has a capacity of 116,000 barrels per day (bpd), which would be increased to 190,000 bpd.