VOL.XXXIX

No.1

2-October-1995

OMAN

OmanSeeks Pipeline Equity Partners

Thestate-ownedOmanOilCompany (OOC) is seekingup to

$1bn of equity from energy majors forits $4bnprojectto build the world's deepest pipeline totransport natural gas

from Oman to India.The company, on the advice of merchant bank Morgan Stanley,intends to raise theremaining$3bn

for the 1,300 km.Oman-India pipeline in the form of debt. An economic and technical feasibilitystudy wasundertaken

early last year by leadingconstruction...