Saturday 18 / January / 2025
Salalah: OQ Base Industries (OQBI) has reached a historic milestone, recording its highest-ever sales figures.
The company announced unprecedented sales volumes, with methanol reaching 1.207 million metric tonnes, ammonia at 331.252 thousand metric tonnes , and LPG at 360.015 thousand metric tonnes.
This remarkable achievement underscores OQBI’s strong operational performance and solidifies its position as a leader in the global energy sector.
Eng. Khalid Al Asmi, CEO of OQBI, commended the team’s collective efforts, stating: “This milestone is a testament to the hard work and dedication of our team. It reflects the strength of our operations and the unwavering commitment of our employees to achieve excellence.”
In his turn, Eng. Ihsan Al Jandal, COO of OQBI, highlighted the strategic vision and operational efficiency that contributed to this success, saying: “Achieving record-breaking sales is the direct result of aligning our strategy with flawless execution.
This performance strengthens our market competitiveness and demonstrates the resilience of our operations in a dynamic industry.”
OQBI’s products have been supplied to diverse international markets, including Asia, Europe, the Americas, and the Middle East. These regions benefit from OQBI’s high-quality methanol, ammonia, and LPG, which are critical for applications ranging from energy and chemicals to agriculture and transportation.
This achievement coincides with OQBI’s transformation into a publicly listed company, marking the beginning of a new era of growth and transparency. Market analysts regard the company’s listing as a gateway to greater opportunities, enhanced shareholder value, and strengthened corporate governance.
OQBI’s record-breaking performance sets a new benchmark for the company and reinforces Salalah’s position as a vital global hub for energy production. This accomplishment reflects the company’s commitment to innovation, resilience, and operational excellence.
