VOL. XLIV

No. 29

16-July-2001

OMAN

Oman LNG Achieves Financial Completion On $2BnFacility, Seeks To Refinance

Oman LNG announced on 5 July that the financingparties to the project a 6.6mn ton/year liquefied natural gas (LNG) plant had confirmed financial completion. A statement issued by the company explainedthat the finance relates to the $2bn secured by the company in 1997 from 45international, regional and Omani banks and four export credit agencies (ECAs).Having satisfied financing...