Middle East Economic Survey

VOL. XLVII

No 41

11-October-2004

OMAN

Qalhat LNG Shareholders/Facilities/Shipping Agreements Signed

The Oman government on 16 September signed a shareholders agreement with Qalhat LNG, the new venture establishing the third train at Oman LNG (OLNG). The closed joint stock company is owned by the government (55.84%), OLNG (36.8%) and Union Fenosa Gas (7.36%). Early in 2003, Chiyoda/Foster Wheeler won a contract to construct the third train that, like the other two, will...