Commemorative Event for Completion of Oman SRIP Site Held
DATE 2019.03.31
VIEW 2286
Commemorative Event for Completion of Oman SRIP Site Held
Sixth from left: Oman’s Oil and Gas Minister, Daelim Division Director Yu Jae-ho,
and General Manager Lee Yong-sang
A commemorative event for the successful completion of Oman SRIP (Sohar Refinery Improvement Project) was held in Oman on March 31. Oman’s Oil and Gas Minister, local key figures such as client Orpic’s CEO, and officials from the Korean embassy to Oman including Ambassador Gang Do-ho, Export-Import Bank of Korea, and KOTRA as well as Daelim Plant Division Director Yu Jae-ho and General Manager Lee Yong-sang attended the event and celebrated the completion.
General Manager Lee Yong-sang and local foreign workers smile while holding the plaque.
The event drew such huge attention in Oman that it was broadcast live to commemorate the successful completion of production on-spec through the 8 plants built by Daelim and initial acceptance and LRT (lender reliability test)*. The client offered encouragement and expressed appreciation for the high reliability and efforts demonstrated by Daelim up to the last phase of the project. Plant Division Director Yu Jae-ho received the achievement award on behalf of the EPC contractor.
•LRT (Lender Reliability Test): Test to assure reliability of the plant by the client to the lender who gave loans to the client. Financial repayment is possible after confirming that continuous production is possible through a 90-day test.
The event drew such huge attention that it was broadcast live in Oman.
The Oman SRIP project involved building a new plant producing naphtha, gasoline, and diesel within the Sohar Industrial Complex and expanding the existing oil refinery. Daelim carried out design, purchase, and construction up to test run, start-up, and performance test. The high-quality products are exported to Euro-V in line with overseas standards, with commercial operations commenced in 2017.
