Middle East Economic Survey
VOL. XLVII
No 46
15-November-2004
OMAN
OOC, LG And NPC Sign Shareholders Agreement For Sohar EDC Plant
State-owned Oman Oil Company (OOC) on 7 November announced the signing of a shareholders agreement with South Koreas LG International and Irans National Petrochemical Company (NPC) for the construction of a 300,000 tons/year capacity ethylene dichloride (EDC) plant in the Sohar Port Industrial Area. OOCs share in the $300mn planned venture is 33.4%, with LG and NPC...
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