VOL. XXXIX

No. 29

15-April-1996

OMAN

Oman LNG Underwriting Group Confirmed

On 4 April, Bank Tokyo-Mitsubishi confirmed the list of eight international banks chosen to underwrite an eight- year $2.25bn loan to finance the construction of two trains of the Oman LNG project (MEES, 8 April). The Chairman of Oman LNG, Mr. Salim ibn Muhammad ibn Sha'ban, was quoted in the Omani press as saying that arrangements for the fully completed financing facilities will be ready by August of this year,...