VOL. XLVII

No 10

08-March-2004

OMAN

OLNG Signs NGL Supply MOU With ORC

Oman LNG (OLNG) and Oman Refinery Company (ORC) on 24 February signed a memorandum of understanding (MOU) for the supply of natural gas liquids (NGL) from the former to the latter. Under the deal, ORC would receive around 14,000 tons/month of NGL at its plant in Mina al-Fahal. ORC would be responsible for transportation. The agreement would allow OLNG to supply the local market with export-oriented products. ORC is setting up...