VOL. XXXVIII
NO. 22
27-FEBRUARY-1995
Oman
Korea Gas Signs Letter Of Intent For 3Mn T/Y Of Oman LNG
The Korea Gas Corporation (KGC) signed on 22 February a letter of intent (LOI)with the Oman Liquefied Natural Gas Company (OLNGC) the joint venturecomprising the Omani Government (51%), Shell (34%), Total (6%), Partex (2%),Mitsubishi (3%), Mitsui (3%), and Itochu, (1%) for the purchase of 3mntons/year of LNG for a 25-year period beginning in the year 2000. The signatureof the agreement was officially...
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