VOL. XLVII

No 17

26-April-2004

RATINGS

S&P Keeps Rating On Oman LNG Bank Facility Unchanged

Standard & Poor's announced on 15 April that its A- rating and stable outlook on the 1.22bn commercial bank facility issued by Oman LNG LLC remains unchanged following the issue of the firms full-year 2003 results. With a two-train liquefied natural gas plant, Oman LNG has performed well since entering into commercial operation in April 2000, exceeding pro forma expectations and solidly...