No. 40



New Korean Partner In Place To Assume5% Of Oman LNG

MEES understands that Oman LNG and the Korea Gas Corporation (KGC) have made substantial progress in ironing outthe details for the sale of a 5% shareholding in Oman LNGto a Korean party. Provision for the sale of a minority interest in the liquefaction company had been included in aheads of agreement for the long-term supply of LNG signedbetween the two sides on 1 April (MEES, 15 April). A newcompany known as...