No. 36



Petroleum Products Marketing Company To Go Public

The state-owned Oman Refinery Company (ORC) plans to partly privatize its marketing arm, Al-Maha Petroleum Products Marketing Company, according to an economy ministry official quoted by Reuters on 19 August. The Omani Government sold 35% of its share in Al-Maha in January to ABS Lubricants of the UAE, and shares will be offered to the public before the end of the year but with the government keeping a...