No 30



Oman To Acquire 40% Stake InSecond LNG Carrier

The Omani Government is to acquirea 40% stake in a 145,000 cu ms capacity LNG carrier with a Moss spherical cargocontainment system under construction by Kawasaki Heavy Industries in Japan andscheduled for delivery in 2004. Oman will thencharter the vessel on a long-term basis. Mitsui OSK Lines (MOL) and Mitsui& Co will also have shares in the vessel. Mitsui owns a 2.77% stake in OmanLNG (OLNG). The Omani...