A new, small-scale biodiesel project is being developed in Oman on the Arabian Peninsula, in the Khazaen Economic City. Wakud International LLC, a joint venture involving U.K.-based biodiesel technology and equipment provider Green Fuels, recently signed a lease on its new facilities.
The facility, scaled at approximately 2.1 MMgy, will process locally collected used cooking oil into biodiesel and other biofuels.
“The aim behind the establishment of this plant is to optimize the utilization of untapped potential resources and contribute towards Oman’s economic diversification,” said Khalid Al Balushi, CEO of Khazaen Economic City.
Maher Al Habsi, CEO of Wakud International, said, “We intend to collaborate with all interested parties and stakeholders to create a biofuel hub in Oman centered around our biodiesel project with Green Fuels in Khazaen.”
Wakud International is a joint venture between U.K.-based biodiesel technology and equipment provider Green Fuels; San Diego-based ProtoStar Group, self-described as a hybrid between a philanthropic foundation, venture capital firm and incubator; and Khazaen Economic City CEO Al Habsi; with special support from Oman’s Implementation Support & Follow Up (ISFU) unit and Oman-based Ejaad, a membership-based virtual collaborative platform where industry, academia and government can interact and engage in energy-related research and innovation activities.