VOL. XLVII

No 14

05-April-2004

ENERGY FINANCE

Shell Oman Marketing Company Pays Dividend

Shell Oman Marketing Company announced that its Board of Directors would recommend a 600 baisas per share dividend at the companys annual general meeting this month. The company said that its profits in 2003 were only marginally down from the 2002 level, despite a competitive oil marketing environment in Oman. Net income after tax for 2003 was OR5.6mn or 560 baisas per share, down 3.3% from the OR5.79mn or 579...