No. 35



Oman LNG Bond Issue

As widely tipped, Oman LNG has announced that it will follow in the footsteps of RasLaffan and tap the international bond market to find $500mn out of a total financingrequirement of $2bn for the downstream element of the venture. A further $1.5bn will thenbe sought from the commercial banks and the export credit agencies (ECAs) in theproportion 55% to the banks and 45% to the ECAs. This compares with two-thirds for theECAs to one-third...