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2024-05-15T04:00:00.000Z
MGC & Borna Agreement Partnership Conference
Under the patronage of His Excellency Dr. Ali bin Abdullah Al-Amri, Chairman of the Environment Authority, Muscat Gases Company SAOG signed a strategic partnership agreement with Borna Membrane Solutions - Canada on Wednesday, May 15, 2024, at 8:00 PM. Borna is a leader in low-cost carbon emission reduction technology and holds several patents. The signing ceremony took place at the JW Marriott Hotel.
This agreement aligns with the directives of His Majesty Sultan Haitham bin Tariq Al Said, may God protect him, aimed at achieving net-zero carbon emissions by 2050. It also supports the ambitious national vision (Oman 2040), which seeks sustainable development in the Sultanate of Oman.
Through this ambitious step, Muscat Gases Company aims to reduce harmful emissions in Oman by 25% within 3 to 5 years. The company intends to leverage this promising partnership to bring the latest efficient and cost-effective technologies in this field. These modern technologies are expected to reduce expenses in comparable current technologies by 20% compared to traditional methods.
According to recent data published by the World Bank on global emissions tracking, Oman’s emissions in 2022 were equivalent to 200 million standard cubic feet per day, resulting in significant greenhouse gas emissions. Notably, Muscat Gases Company has been providing advanced gas solutions for over three decades and strives to achieve national developmental goals, driven by its national responsibility to adopt the latest technologies that meet government plans, programs, and strategies to keep Oman's environment clean by reducing carbon emissions.
Muscat Gases Company aims to develop alternative separation processes that do not use heat, reducing global energy usage, emissions, and pollution, thereby decreasing carbon dioxide and greenhouse gas emissions in the natural gas sector and controlling emissions in the petrochemical industries.
Chemical separation processes currently consume about half of the global industrial energy usage, representing 10-15% of total global energy consumption.
Additionally, Muscat Gases Company has convinced Borna Membrane Solutions - Canada to relocate all its industrial investments to Oman, ensuring that manufacturing operations are conducted within the Sultanate. This move is expected to drive development, create numerous job opportunities, provide training for Omani staff, and facilitate re-export to global markets under the "Made in Oman" label.