MIDDLE EAST
OMIFCO was established 20 years ago
the necessary gas capabilities . Now that original 10 year loan has been full repaid , the company has experienced strong financial results .
Sharanappa Gurappa Gedigeri , CEO of OMIFCO , said : “ Oman had the availability of natural gas which is a key ingredient for manufacturing urea fertiliser , and India being an agricultural country had a huge market for the urea , so this initiative was essentially set up to accelerate industrial growth in the Sultanate of Oman . The urea produced is exported to India and the local market .
“ We produce urea and ammonia ; the latter is used as a raw material to produce urea . First the gas comes in , then ammonia is produced and from that we produce urea . It is stored and conditioned then dispatched though ships .
“ We sell and export to the government , sending it on ships to the west and east coasts of India via the Arabian Sea . We also have our own jetty , exclusively for us at OMIFCO , which was built at the start of the project ”
– Sharanappa Gurappa Gedigeri , CEO
www . omifco . com 55