OQ Basic Industries reports production records, bolsters global market presence

Muscat: OQ Basic Industries Corporation (OQ) has closed out the year with groundbreaking figures, reporting more than 1.207 million metric tons of methanol, approximately 331,252 thousand metric tons of ammonia, and 360,015 thousand metric tons of liquefied petroleum gas (LPG) sold by the end of December 2024.

This impressive performance reflects OQ Basic Industries’ robust export network, which spans Asia, Europe, and the Americas. The company’s products feed into vital global sectors such as energy, chemical industries, agriculture, and transportation—industries that rely on a stable supply of methanol, ammonia, and LPG for continued growth and innovation.

Eng. Khalid bin Khalfan Al Asimi, CEO of OQ Basic Industries, promises to capitalise on these positive results, focusing on quality, sustainability, and operational efficiency.For his part, Eng. Ihsan bin Tayea Al Jandal, Chief Operating Officer of OQ Basic Industries, highlighted the competitive edge that these record figures provide.