VOL. XXXIX

No. 24

11-March-1996

OMAN

Oman LNG Approaches Banks Directly

A different tactic has been adopted by Oman LNG and its advisers in seeking financing for the downstream portion of its natural gas project. MEES understands that Oman LNG and its advisers, having looked at the Qatargas project, have written directly to twenty banks whom they know to be serious players in the provision of term finance for large energy projects in the Gulf region rather than allowing syndicates of...