VOL. XLVI

No 21

26-May-2003

OMAN

Korean And Japanese Firms Win LNG Vessels Contract

Oman on 17 May announced that it had awarded South Koreas Samsung Heavy Industries and a Japanese consortium comprising Kawasaki Heavy Industries and Mitsubishi Heavy Industries a $300mn contract to build two liquefied natural gas (LNG) vessels. The first of the 145,000 cu ms capacity ships will be delivered in December 2005 and the second in 3Q 2006. Last December, the Omani government issued tenders for the...