VOL. XXXIX

No. 38

17-June-1996

OMAN

Oman And Thailand Sign MOU For Long-Term LNG Supply

The Omani Minister of Petroleum and Minerals, Mr. Sa'id Ah- mad al-Shanfari, signed on 9 June a memorandum of understanding with Thailand for the long term supply of 2mn tons per year of liquefied natural gas from Oman LNG. While the MOU falls short of a binding agreement, it is understood that Thailand's intentions are serious and that a final sales and purchase agreement could be forthcoming by the...