Middle East Economic Survey
VOL. XLVIII
No 19
9-May-2005
OMAN
Financing Agreement Signed For Omans Sohar Fertilizer Project
The financing agreement for Omans Sohar fertilizer project, which is being developed by Sohar International Urea & Chemical Industries (SIUCI), was signed in Muscat on 27 April. The deal for the ammonia/urea complex is unusual because it is a project financing, but all of the debt is provided by, or covered by, export credit agencies (ECAs). The total project cost is...
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