Middle East Economic Survey

VOL. XLVII

No 50

13-December-2004

ENERGY FINANCE

Omans Qalhat LNG Going To Syndication Early Next Year

The $650mn financing for Qalhat LNG in Oman is expected to go to syndication next year, after the mandated lead arrangers (MLA) sign the contract this week. The MLAs on the deal, which carries a 15.5 year tenor, comprise ING, Royal Bank of Scotland, Gulf International Bank, Standard Chartered, Mizuho, Intesa, and Calyon. Bankers said that the syndication may not attract...