VOL. XL
No. 8
24-February-1997
OMAN
Korean Group Finalizes Shareholding In Oman LNG Venture
At a signing ceremony at Shell's headquarters in London on 21 February, five Korean companies finalized the acquisition of an equity stake in the Oman liquefied natural gas (LNG) project by becoming shareholders in Oman LNG. Project leader Shell transferred 12% of its stake in Oman LNG to Korean LNG (KOLNG), a company established to hold the Korean interest. The shareholders in KOLNG are Korea Gas...
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