Canada Business Holdings will operate the upcoming Duqm IV cracking refinery, proposed to be built at Al Wusta, Oman. According to GlobalData, who tracks and profiles more than 1,400 refineries worldwide, the non integrated cracking refinery will be owned by Canada Business Holdings, with operations expected to start in 2025. Buy the profile here.

Key refinery processes

Crude Distillation Unit (mbd): 300
Vacuum Distillation (mbd): 144
Catalytic Cracker (mbd): 75
Hydrocracker (mbd): 72
Reformer (mbd): 57
Hydrotreater (mbd): 189
Alkylation (mbd): 9
Isomerization (mbd): 18

During the period 2021-2025, the Duqm IV refinery cracking is expected to witness an estimated $6,076m of capex.

About Canada Business Holdings

Canada Business Holdings Inc (CBH) is a business services company that focuses on developing, owning and managing business projects and enterprises. Service offerings of the company include project development, asset management and investment and consulting. It offers its services across various industries including information technology and telecommunications, mining/petroleum/gas and services industry. CBH is headquartered in Ontario, Canada.

For more details on the Duqm IV cracking refinery, buy the profile here.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.