Middle East Economic Survey
End-January Syndication Planned For Omani LNG Vessel Loan
Syndication for the $155mn loan for an LNG ship (named Sohar LNG) is planned for the end of January, MEES understands. Syndication is expecting to attract a mix of local and Japanese banks, given the ownership of the vessel. The loan was made to Energy Spring LNG Carrier, which is a Panama-registered special purpose company owned equally by Oman Shipping Company...